Bakrie unit secures pipe deal from PGN<\/p>\n
PT Bakrie & Brothers, a diversified group with companies in the
\ninfrastructure, plantation, property and telecommunications
\nsectors, announced on Tuesday that its unit and partner had
\nsealed a contract worth Rp 374 billion (US$38.1 million).<\/p>\n
The contract was hammered out between state-owned gas utility
\nfirm PT Perusahaan Gas Negara (PGN) and a consortium consisting
\nof PT Bakrie Pipe Industries and PT Bumi Kaya Steel Industries,
\nin which the latter would supply gas pipelines.<\/p>\n
The pipelines will be used for the construction of PGN's gas
\ndistribution facilities in West Java, which will have a total
\nlength of around 272 kilometers and diameter of between 4 inches
\nand 24 inches.<\/p>\n
\"PGN and the consortium officially inked the contract on Dec.
\n22,\" said Bakrie & Brothers spokesman Lalu Mara Satria Wangsa in
\na press statement.<\/p>\n
Publicly listed Bakrie & Brothers is owned by the family of
\nCoordinating Minister for People's Welfare Aburizal Bakrie.<\/p>\n
Efforts to confirm whether or not the contract had gone
\nthrough a tender process were unsuccessful.<\/p>\n
The first delivery of the pipelines is expected to arrive by
\nMarch next year, and will be installed in distribution areas
\naround Cikampek, Karawang, Bekasi, Bogor, Jakarta, Tangerang and
\nBanten.<\/p>\n
PGN plans to eventually connect this distribution network with
\nits transmission facilities in South Sumatra. If connected, the
\ncompany will be able to supply 650 million standard cubic feet
\nper day from the Gresik and Pagardewa plants in South Sumatra. --
\nJP<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/bakrie-unit-secures-pipe-deal-from-pgn-1447893297",
"image": ""
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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