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Indonesia’s PGN, Freeport sign gas supply deal for smelter

by Riah Marton
in Real Estate
Indonesia’s PGN, Freeport sign gas supply deal for smelter
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Indonesia’s PT Perusahaan Gas Negara (PGN), a unit of state energy firm Pertamina, has signed a gas supply deal with copper miner PT Freeport Indonesia to power its smelter, the company said on Monday (May 6).

PGN will supply up to 9.49 billion British thermal unit per day (BBTUD) for Freeport’s copper smelter, acid plant and precious metal refinery under a long-term contract, PGN said in a statement.

The company did not provide further details on the period of the contract.

Freeport is building a US$3 billion copper smelter in East Java, which is expected to start operating in June.

Freeport hopes PGN will maintain a reliable gas supply to support its processing activities, Freeport Indonesia chief executive Tony Wenas said in the same statement. REUTERS

Tags: DealFreeportgasIndonesiasPGNSignsmeltersupply
Riah Marton

Riah Marton

I'm Riah Marton, a dynamic journalist for Forbes40under40. I specialize in profiling emerging leaders and innovators, bringing their stories to life with compelling storytelling and keen analysis. I am dedicated to spotlighting tomorrow's influential figures.

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