Indonesian Political, Business & Finance News

PLN gas supply agreements under negotiation

PLN gas supply agreements under negotiation

Contractor

New contracts

Amerada hess Santos BP ONWJ BP Muriah Conoco Phlipps

--------------- Field

Ujung Pangkah Oyong ONWJ ONWJ Kepodang Corridor, Sumatra

Deliver to -----------------

Gresik, East Java power plant Grati, East Java power plant Muara Karang power plant Tanjung Karang power plant Tanjung Priok power plant

Amount delivery/pday 100 40 260 130 400

Expected first gas 2004 2004 2004 2006 2007

Customer Jawa Bali-PLN Subsidiary Indonesian Power-PLN subsidiary Jawa Bali plant _PLN subsidiary Indonesian Power-PLN subsidiary Jawa Bali plant-PLN subsidiary Indonesian Power-PLN subsidiary

Remarks HOA signed last year; SBLC pending HOA signed last year; SBLC pending Price negotiation Price negotiation; SBLC Prince negotiation; SBLC

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