Video: CGAS's Strategy to Boost Natural Gas Business by Rp835 Billion Amid War

The Middle East war, which has driven up global energy prices, is said by President Director of Citra Nusantara Gemilang (CGAS), Andika Purwonugroho, to also affect energy supplies in Indonesia, particularly imported energy products. Amid the current geopolitical uncertainties, the Indonesian emitter for the trading and distribution of natural gas or Compressed Natural Gas (CNG), PT Citra Nusantara Gemilang (CGAS), remains relatively fortunate because its raw material supplies come from domestic sources, thus minimally affected by overseas conditions. CGAS succeeded in improving its performance in 2025 in line with capacity additions through the CNG station in Gresik with a capacity of 2.2 million standard cubic feet per day (MMSCFD) and the CNG station in Grobogan with a capacity of 1.5 MMSCFD. CGAS recorded sales growth of up to 75 MMSCFD throughout 2025, resulting in revenue increasing to Rp609 billion. Supported by the addition of new stations and the massive industrial demand for conversion from fuel oil to CNG, for 2026, CGAS targets sales of up to 90 MMSCFD with expected revenue reaching Rp835 billion. What are CGAS’s business strategies and performance in the natural gas sector amid global energy turmoil? For more details, watch the dialogue between Syarifah Rahma and President Director of PT Citra Nusantara Gemilang Tbk (CGAS), Andika Purwonugroho, in Squawk Box, CNBC Indonesia (Tuesday, 31/03/2026).