Marubeni, Pertamina to Work on Gas Related Infrastructure in Indonesia

Marubeni Corporation and Pertamina on Wednesday agreed to work together on a new gas-fired IPP and gas related infrastructure business in Indonesia.

The two parties will collectively perform a comprehensive feasibility study for assessment of the gas-fired power plant and gas related infrastructure such as the gas transmission pipeline, onshore/offshore LNG receiving terminal and small-scale LNG receiving terminal business.

If viability is confirmed and an agreement is reached, Marubeni and Pertamina will proceed with the project.

“The mutually complementary relationship between the two companies, combining Pertamina's vast knowledge and extensive track record in Indonesia's oil and gas development and supply and Marubeni's know-how in the plant business such as power and gas related infrastructure, has led to the execution of this MOU. Marubeni and Pertamina's plan is for the sponsors to establish a value chain flow from the "upstream" of gas exploration and production, to "midstream" of gas transmission and storage, and "downstream" of power generation,” Marubeni said in a statement.

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