Pertagas and Chandra Asri Collaborate on Potential Green Energy and Petrochemical Businesses as well as Domestic Component Level

PT Pertamina Gas (Pertagas) and PT Chandra Asri Petrochemical Tbk (Chandra Asri) signed a Memorandum of Understanding (MoU) on the Potential and Analysis of Green Energy and Petrochemical Business Development as well as Increasing Domestic Component Level of Natural Gas Infrastructure. Collaboration between Pertagas and Chandra Asri will support the program of 1 Million Gas Network Connections per year by supplying raw materials supply for gas pipelines. Both companies will also develop the use of natural gas and its derivatives owned by Pertagas to meet the production needs of the Chandra Asri Plant in Cilegon, Banten as well as analyzing utilization of Chandra Asri facilities for the development of the Liquefied Natural Gas (LNG) terminal infrastructure or Pertagas pipeline distribution network. This cooperation is a manifestation of both parties’ commitment in supporting two Government programs at once, namely reducing dependence on imported products by encouraging the use of Domestic Component Level (TKDN) in Indonesia and the use of green energy to reduce carbon emissions by 29 percent by 2030.