TEMPO.CO, Jakarta – State power company PT PLN (Persero) and Tangguh Refinery manager BP Berau Ltd. signed a gas sale and purchase agreement with a contract period of 19 years. The contract gives PLN a supply of about 420 cargoes of liquefied natural gas (LNG).
PLN president director Nur Pamudji said the LNG supply from Tangguh will start in 2015. PLN will use the gas to, among others, replace the use of fuel oil in North Sumatera's power plants.
PLN fuel and gas division chief Suryadi Mardjoeki said the current fuel price for the Sumatra plants are equivalent to US$26 plants per million British thermal units (MMBTU). Tangguh's LNG, on the other hand, costs some US$19 to US$20 per MMBTU.
"With a difference of about US$6 per MMBTU, we can save US$630,000 per day," he said.
BERNADETTE CHRISTINA MUNTHE