Indonesia's Medco Energi Signs 5-Year Gas Supply Contract with Singapore
(Reuters) — Indonesian oil and gas group Medco Energi Internasional Tbk (MedcoEnergi) has signed an agreement with Singapore to continue supplying the city state with gas for five years, beginning August 2023.
The agreement was signed between subsidiary Medco E&P Grissik Ltd and Singapore gas importer Gas Supply Pte Ltd. (GSPL), according to a statement released by Pavilion Energy.
Singapore's Pavilion Energy works with GSPL to provide gas buyers with access to piped natural gas and LNG.
Indonesia's energy minister had said last week that the country would extend its gas supply contract to Singapore, but that the distribution volume is expected to be lower.
The current contract for piped natural gas via the Grissik-Batam-Singapore Pipeline is due to expire next year.
Related News
Related News
- Kinder Morgan Proposes 290-Mile Gas Pipeline Expansion Spanning Three States
- Valero Plans to Shut California Refinery, Takes $1.1 Billion Hit
- Three Killed, Two Injured in Accident at LNG Construction Site in Texas
- Tallgrass to Build New Permian-to-Rockies Pipeline, Targets 2028 Startup with 2.4 Bcf Capacity
- TC Energy Approves $900 Million Northwoods Pipeline Expansion for U.S. Midwest
- U.S. Pipeline Expansion to Add 99 Bcf/d, Mostly for LNG Export, Report Finds
- Enbridge Adds Turboexpanders at Pipeline Sites to Power Data Centers in Canada, Pennsylvania
- Great Basin Gas Expansion Draws Strong Shipper Demand in Northern Nevada
- Cheniere Seeks FERC Approval to Expand Sabine Pass LNG Facility
- Heath Consultants Exits Locate Business to Expand Methane Leak Detection Portfolio
Comments