Indonesia Sulawesi Project Gets Gas

摘要

Indonesia's state-owned oil and gas company Pertamina and its partner Medco Energi Internasional officially inked a 15-year sales agreement to supply gas to the proposed Donggi-Sonoro LNG project in Central Sulawesi, a senior Pertamina official said.rnThe deal with DS LNG, a consortium led by Mitsubishi Corp with Pertamina and Medco as minority shareholders, will see the two Indonesian companies supply gas for the LNG project from the country's Matindok and Senoro blocks.rn"Pertamina will supply DS LNG under a 15-year contract, starting by 2012," Pertamina vice president lin Arifin Takhyan said.rnThe partners signed a heads of agreement for the gas sales in August. The deal was then estimated to be worth $16 billion assuming a benchmark oil price of $100/barrel.