Palu SEZ Receives Rp342 Billion Investment from PT LNG

Palu (ANTARA) - The Palu Special Economic Zone (SEZ) in Central Sulawesi has received an investment commitment worth US$20 million, equivalent to Rp342.8 billion, from PT Lingkar Nusantara Gas (LNG).

“This investment will focus on building LNG regasification facilities and piped gas networks (jargas) within the zone,” said Director of PT Lingkar Nusantara Gas, Leonard Hastabrata, in a written statement in Palu on Sunday.

He explained that the project is designed to meet the energy needs of tenants precisely. Construction of the gas networks will begin this year, with a target for full completion in 2027.

Meanwhile, further development of the receiving terminal facilities is scheduled to be completed after 2028.

“We are building adaptive infrastructure that follows the locations of the tenants. This is our commitment to providing efficient and reliable energy solutions,” he emphasised.

According to him, to ensure operational continuity, the primary LNG supply will come from the CIMC project in Morowali with an initial capacity of 10 MMSCFD.

As a contingency measure, PT Lingkar Nusantara Gas is also preparing options from one of the independent LNG facilities on Java Island, targeted to operate by the end of 2026 to strengthen energy reserve resilience for the Palu SEZ.

This strategic step was confirmed through the signing of a memorandum of understanding (MoU) in Jakarta between PT LNG and PT Bangun Palu Sulawesi Tengah (BPST), the regional owned enterprise (BUMD) developing the Palu SEZ. The signing ceremony was attended by Palu Mayor Hadianto Rasyid.