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Revision as of 03:49, 14 March 2023
Indonesian natural gas company
 | |
| Company type | Publicly listed subsidiary |
|---|---|
| Traded as | IDX: PGAS |
| Industry | Public utility |
| Founded | 1965 |
| Headquarters | Jakarta, Indonesia |
| Key people | Muhammad Haryo Yunianto, CEO |
| Products | Natural gas |
| Revenue |  US $ 3.848 billion (2019) |
| Net income | US $ 113 million (2019) |
| Total assets | US $ 7.373 billion (2019) |
| Number of employees | 3,119 (2019) |
| Parent | Pertamina |
| Subsidiaries | |
| Website | www |
PT Pertamina Gas Negara Tbk (PGN, Template:Lang-en, trading as Pertamina Gas Negara; formerly known as PT Perusahaan Gas Negara Tbk, Template:Lang-en) is an Indonesian natural gas transportation and distribution company. The total length of distribution pipelines of the company is 3,187 km that serve around 84 million customers.
History
The gas exploitation in Indonesia was managed by a Dutch private gas company named L.J.N Eindhoven & Co., which was established in 1859. The company introduced the use of gas in Indonesia, which was at the time made from coal.
The transfer of power processes occurs at the end of World War II in August 1945, when Japan surrendered to the Allies. This opportunity was used by the youth and electrical workers (through Electricity and Gas Labour/Employee delegation), which together with the chairman of the Central Indonesian National Committee (KNIP) initiated to meet President Sukarno for take over the company to the Government of Indonesia.
On 27 October 1945, President Sukarno formed Jawatan Listrik dan Gas (Bureau of Electricity and Gas) under the Ministry of Public Works and Energy with a power generating capacity of 157.5 MW. In 1958, L.J.N. Eindhoven & Co nationalised and converted into PN Gas.
On 1 January 1961, the Bureau of Electricity and Gas converted into BPU-PLN (Badan Pimpinan Umum Perusahaan Listrik Negara, General Governing Agency of the State Electric Company). The agency, which managed the electricity and gas, then dissolved on 1 January 1965. At the same time, two state-owned companies was initiated: the Perusahaan Listrik Negara (PLN) as the manager of electric power and Perusahaan Gas Negara (PGN) as the manager of gas. PGN was officially established on 13 May 1965.
In 2018, PGN become a subsidiary of Pertamina. PGN has rebranded to become Pertamina Gas Negara on 10 December 2021.
Pipelines
The company owns and operates four transmission pipelines:
- Grissik-Duri pipeline - operational since 1998, 536 km length.
- Grissik-Singapore pipeline - operational since 2003, 470 km length.
- Medan and Jakarta/Bogor pipeline - operational since 2000, 536 km length.
- South Sumatera-West Java pipeline - 1,116 km length.
In 2011 the company distributed 22.5 million cubic metres per day (795 million cubic feet per day) and transmitted 23.9 million m/d (845 million cu ft/d) at standard conditions of natural gas
 | This article relies largely or entirely on a single source. Relevant discussion may be found on the talk page. Please help improve this article by introducing citations to additional sources. Find sources: "Pertamina Gas Negara" – news · newspapers · books · scholar · JSTOR (July 2008) |
References
- ^ Bumn Indonesia
- "PGN resmi menjadi anak usaha Pertamina" (in Indonesian). Kontan. 10 March 2018. Retrieved 30 May 2022.
- "Pengumuman! PGN Ganti Nama Jadi Pertamina Gas Negara" (in Indonesian). IDX Channel. 10 December 2021. Retrieved 30 May 2022.
External links
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