PGAS — To achieve 954 BBtud gas sales despite supply challenges

PGAS — To achieve 954 BBtud gas sales despite supply challenges Perusahaan Gas Negara (PGAS) remains confident in maintaining its gas sales target of 954 bn British thermal units per day (BBtud) through 2024. This is bolstered by strong growth along the Cirebon-Semarang pipeline. Despite facing supply challenges, PGAS saw solid demand in the electricity and industrial sectors, particularly in Central Java. Furthermore, LNG sales grew by 20% yoy in 1H24, reaching 50 BBtud by July 2024. PGAS aims to leverage this demand and infrastructure integration in East and Central Java to achieve its full-year sales targets, which have been set 4% yoy higher than in 2023. (Source : Bisnis Indonesia)