Indonesia's PGN to supply gas to Lotte Chemical petrochemical plant
(Reuters) - Indonesia's state-controlled gas company Perusahaan Gas Negara on Thursday said it would supply natural gas to a petrochemical plant operated by a unit of South Korea's Lotte Chemical Corp .
PGN signed a gas sales agreement with Lotte Chemical Indonesia (LCI) to supply between 2.62 billion and 10.5 billion British thermal units per day (BBTUD) to power Lotte's plant to produce ethylene, PGN said.
"PGN will build MRS gas distribution infrastructure and gas pipelines to LCI's boiler for gas starting June 2024," PGN official Sonny Rahmawan Abdi said in a statement.
Lotte Chemical last year said it was building a $3.9-B petrochemical complex in Indonesia's Banten province to annually produce 1 million tons of ethylene, 520,000 tons of propylene, 250,000 tons of polypropylene, as well as downstream products.
Related News
Related News
- Mitsubishi Heavy Industries Compressor acquires Swiss rotating equipment maintenance company AST Turbo AG
- RWE strengthens partnerships with ADNOC and Masdar to enhance energy security in Germany and Europe
- TotalEnergies and Mozambique announce the full restart of the $20-B Mozambique LNG project
- Venture Global wins LNG arbitration case brought by Spain's Repsol
- KBR awarded FEED for Coastal Bend LNG project
Comments