Operating LNG Hub Business, Pertamina Gas Subholding Commits to Make Arun as the LNG Hub Center in Asia
Lhokseumawe, October 29, 2021 – Pertamina Gas Subholding member, PT Perta Arun Gas (PAG), has successfully done the LNG reloading optimally to the international market (28/10/2021). It confirms PAG’s vision to become a world-class LNG Hub and Regasification company. It is also Pertamina Go Global’s commitment and implementation of the cooperation agreement to utilize the LNG Hub tank of Arun Refinery, which was signed on August 10, 2021.
President Director of PT Perta Arun Gas, Arif Widodo, said that PAG has succeeded in unloading and reloading several LNG cargoes owned by various parties. “We plan to develop this business by utilizing four LNG tanks with a total capacity of 508,000 m3, with each tank having a capacity of 127,000 m3. It is one of PAG’s remarkable milestones in expanding the global market network and increasing the company’s value,” he said.
Arif said that after successfully shipping the first LNG cargo to the international market on January 14-15, 2021, PAG has again recorded the success of international shipments. “This collaboration between PAG and its customers again proves PAG’s ability as an LNG Bonded Logistics Center (PLB) operator be considered as an LNG Hub Center area in Asia,” he explained.
Arif added that on September 7, 2016, PAG was officially appointed as the operator of the Arun Lhokseumawe Special Economic Zone (SEZ) PLB in Aceh Province through a Decree of the Minister of Finance. “PAG is increasingly being active in contributing as the locomotive of the national economy and industry. It is hoped that more investors will enter Aceh Province, especially Lhokseumawe,” he said.
Furthermore, he said, PAG is also in a cooling down process for LNG cargos that will be reloading. On average, the LNG cargo loading process takes shorter than the maximum laytime. “On the other hand, it also confirms PAG’s commitment to making a special port that can serve the needs of international standard ships,” added Arif.
Arif added that following the direction of the Pertamina Gas Subholding regarding Pertamina Go Global, this is one of PAG’s focuses to innovate competitively in order to continue to grow globally and compete internationally. “We are doing our best and creating business development strategies forward. As part of Gas Subholding, PAG plays an important role in meeting national energy needs and growth,” concluded Arif.
According to Arif, all the development of business activities in the ex-asset area of PT Arun NGL, apart from being aimed at meeting the company’s revenue targets, is also PAG’s efforts to contribute to Aceh’s economic development. “One of them is by creating job opportunities for Aceh people,” concluded Arif.