Perusahaan Gas Negara
Perusahaan Gas Negara (PGN) is a government controlled gas firm that forms Indonesia’s largest natural gas transportation and distribution company. It operates a distribution network that extends for 3,865 kilometers and a transmission pipeline network that measures 2,047 kilometers.
Perusahaan Gas Negara (PGN) is a government controlled gas firm that forms Indonesia’s largest natural gas transportation and distribution company. It operates a distribution network that extends for 3,865 kilometers and a transmission pipeline network that measures 2,047 kilometers.
PGN plays an important role in Indonesia’s electricity production as it sells about 40 percent of its total sales volume to the country’s power generation industry. It also forms one of the largest Indonesian companies in terms of market capitalization.
Perusahaan Gas Negara plans, constructs and develops downstream natural gas businesses, which include the processing, transportation, storage and trading of natural gas. Apart from natural gas, PGN also produces and trades manufactured gas (hydrocarbon gas). The government has given PGN a mandate to develop natural gas infrastructure in Indonesia. In carrying out this mandate, PGN cooperates with local governments, both directly and through regionally owned enterprises.
The company is one of the largest listed Indonesian companies in terms of market capitalization. Indonesia’s power generation industry is PGN’s largest market, consuming about 40 percent of PGN’s total sales volume in 2015.