KOGAS to Build 363 km of Gas Pipelines in Indonesia

Korea Gas Corporation (KOGAS) has inked a memorandum of understanding (MOU) with Indonesia’s PDPDE for the construction of 363 km-long gas pipelines.

The pipelines will cost $600 million to build. The MoU was signed Monday during Indonesian President Joko Widodo visit to South Korea, KoreaBusiness, a news portal reported Tuesday.

Under the agreement, KOGAS will build a 245 km-long gas pipeline in South Sumatra and a 118 km-long gas pipeline in Bali, and operate and provide maintenance services for 30 years.

The company plans to conduct a feasibility study first and decide whether to carry forward the project or not depending on results, the website reported.