PGN Posts Financial Efficiency of Up to 17% in 2025, EBITDA Reaches US$971 Million

Jakarta — PT Perusahaan Gas Negara Tbk (PGN) reported EBITDA of around US$971 million in 2025, with operating cash flow of US$657 million. The performance reflects PGN’s robust operational fundamentals amid dynamics in the energy industry.

Corporate Secretary Fajriyah Usman explained that in boosting performance, PGN remains focused on sustaining energy distribution through the optimisation of the natural gas and LNG portfolio and through intensive coordination with the Government and strategic stakeholders.

“Reliability of natural gas supply to customers remains PGN’s top priority. We optimise the utilisation of gas and LNG infrastructure and implement adaptive volume management to ensure the continuity of energy services to customers,” Fajriyah said, as quoted from her statement on Saturday, 7 March 2026.

During 2025, PGN recorded commercial natural gas volume of 836 BBTUD. Meanwhile, natural gas transmission volume rose 4% to 1,609 MMSCFD, in line with higher customer uptake.

Operational performance was further strengthened by the LNG infrastructure segment. Regasification volumes through the Lampung FSRU and Arun Regasification Terminal reached 254 BBTUD, up 17%, contributing to the reliability of gas supply to various sectors, including industry and power generation.

In the oil transportation segment, PGN recorded throughput of 174,811 BOEPD, driven by increased oil transportation via the existing pipeline network. Throughout 2025, PGN continued to expand its gas infrastructure by adding over 230 km of jargas distribution pipelines, and maintained system availability at 98.84%.

Contributions from subsidiaries and affiliates also strengthened, with LPG processing volume at 117 metric tons per day (up 8%). Oil and gas liftings reached 17,519 BOEPD. In the International LNG Trading segment, PGN successfully shipped seven LNG cargos, or roughly 59 BBTUD, to international markets during 2025.

In the 2025 financial statements, the company recognised an asset fair value adjustment for entities in the upstream segment affected by changes in reserve assumptions. The adjustment was made in accordance with accounting standards and oil and gas regulations as a prudent and transparent measure. However, the adjustment is non-cash and does not affect operating cash flow or business continuity. PGN’s operational performance and cash flow remained solid despite the asset value adjustment.