PGN clarifies

PGN clarifies

PT Perusahaan Gas Negara (Persero) tbk (PGN) wishes to clarify
the comments made by the General Manager of the Strategic
Business Unit II, East Java Region, appearing in the article on
Aug. 9 entitled PLN to share its nature gas allocation: Minister.

The article includes the following paragraph: "PGN has secured
a short-term contract with Kodeco to get another 30 mmscfd, but
the gas producer had only been able to provide 13 mmscfd, said
Trijono."

Please note that the above paragraph could cause
misinformation for the public and damage our suppliers'
reputation, as the above paragraph did not mention that under the
Short-Term Gas Sales Agreement, "the seller (in this regard,
Kodeco) anticipates that it will be able to deliver up to three
(3) BBTU per day during the supply period".

Kodeco, has completely fulfilled all of its commitments and
obligations for gas supply and in full cooperation with the
government directives. The company has successfully helped
alleviate the shortage of natural gas in East Java.

Consequently, PGN would be most appreciative if Th Jakarta
Post would straighten the possible mistaken impression that may
have been created by the paragraph.

Thank you for your urgent attention and we respectfully hope
that The Post will take immediate steps to clarify this matter.

WIDYATMIKO BAPANG
Corporate Secretary
PT Perusahaan Gas Negara (Persero) tbk.
Jakarta

Thank your for your clarification.-- Editor