PGN Develops LNG Export Market, Which Countries Are the Target?

Summary

PT Perusahaan Gas Negara Tbk (PGN) prepared a variety of strategies in the second half of this year to get out of the pressure of gas consumption drop due to the COVID-19 pandemic. PGN President Commissioner Arcandra Tahar said the PGAS-coded company would implement efficiency on all lines. "First, to make human capital more effective, efficient with adaptation, and the adoption of new ways during the pandemic," he said in a virtual discussion on Wednesday (7/29).

Second, PGN will implement efficiency by using new technology related to the supply chain of natural gas from Liquefied Natural Gas (LNG), Compressed Natural Gas (CNG), to pipeline gas. Besides developing the domestic market, PGAS is also developing a foreign market. Thus, PGN needs qualified figures in the field of gas marketing to compete with other countries in marketing the LNG. "We are developing markets outside Indonesia," Arcandra said.

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