Businessicy – Pertamina’s subholding entities are collaborating to secure national energy needs, specifically natural gas. This partnership involves PT Perusahaan Gas Negara Tbk (PGN), the Pertamina Gas Subholding, and PT Pertamina Internasional Shipping (PIS) Integrated Marine Logistics.
Ratih Esti Prihatini, PGN’s Commercial Director, explained that this collaboration entails transporting Liquefied Natural Gas (LNG) cargo from the Donggi Senoro Field to the Floating Storage & Regasification Unit (FSRU) located in Lampung (FSRU Lampung).
The LNG is scheduled to be transported to FSRU Lampung by mid-September 2024. The vessel designated for this task is the Lady Eva, and the total volume of LNG to be transported is approximately 135,000 cubic meters, equivalent to 3,159,000 MMBTU.
“In the current unbalanced situation, PGN requires alternative solutions for fulfilling natural gas needs, such as using LNG from Donggi Senoro. This Pertamina Group synergy demonstrates the success of improving the effectiveness and efficiency of energy services. With the LNG source located in Eastern Indonesia, an LNG carrier is essential to transport the LNG to the FSRU Lampung facility,” Ratih stated on Sunday (September 1, 2024).
Ratih further noted that the LNG will be regasified at FSRU Lampung. The regasified gas will then be fed into the SSWJ Transmission Pipeline system. Which delivers gas to PGN’s distribution network and subsequently to customers.
“PGN is continuously working to secure supply, including partnering with potential parties and stakeholders, as PGN cannot operate independently. We are also very grateful for the support from various parties. Especially PIS, which has made it possible to bring additional LNG from Eastern Indonesia,” Ratih added.
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During this event, PGN and PIS, under the Pertamina Oil & Gas Holding umbrella, reinforce their roles in ensuring domestic energy availability. The goal is to optimize gas absorption to maintain the operations of gas-dependent industrial sectors.
“PGN is thankful and highly appreciative of the cooperation with PIS. Which significantly aids PGN in securing natural gas supplies, particularly for industrial customers. Currently, there is an imbalance between demand and supply for gas needed in Western Java, South Sumatra, and Lampung,” Ratih concluded.
PIS is also implementing green technology innovations for new ships and fuel conversion through dual-fuel technology. Which can enhance fuel efficiency by up to 30 percent.
In addition to reducing carbon emissions. PIS targets a substantial increase in profits from its Green Cargo Business. Including Liquefied Natural Gas (LNG) and Liquefied Carbon Dioxide (LCO2).
“PIS aims to boost revenue from low-carbon businesses such as LPG, LNG, and ammonia by 2034. We hope to raise the contribution of green business sectors to 34 percent within the next 10 years. Currently, this figure stands around 15 percent of PIS’s total business contributions,” Eka explained.
One of PIS’s strategies to enhance its green business contribution is through the green fuel market. Global LPG trade volume is expected to grow by 13 percent over the next five years.
Imports of LPG from four major Asian countries—China, Japan, South Korea, and India—are projected to increase by 35.4 percent by 2028.
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