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Determination of prices under the regulation of the Minister of Energy and Mineral Resources Number 58 Year 2017.
REPUBLIKA.CO.ID, JAKARTA – PT Perusahaan Negara gas Tbk (PGN) claims will seek the price of appropriate gas sales for consumers after successfully acquiring PT Pertagas (19659003) "We strive, in accordance with the new ESDM Ministerial Regulation, to keep its promise to provide gas to consumers at the best price," said PGN, Jobi Triananda, at a press conference Tuesday in Jakarta (3/7)
Jobi explains that the company will try to apply the price of gas as regulated in Regulation No. 58 of 2017 Minister of Energy and Mineral Resources on the price of gas sales by pipeline in downstream oil and gas activities. Nevertheless, he admitted that he was not able to promise lower gas prices after integration.
According to him, the company will continue to see the most optimal support factors for business and government interests. We always see what is most optimal for business and government interests, "he said
PT Perusahaan Gas Negara Tbk (PGN) to integrate PT Pertamina Gas (Pertagas) which is a subsidiary of PT Pertamina owned by Pertamina, with a total nominal value of Rp 16.6 trillion, equivalent to 51 per cent of the issued capital and released to Pertagas.
The acquisition of the shares of Pertagas by PGN was achieved by the signing of the Conditional Sale Agreement (CSPA) on June 29, 2018. The value of the transaction represents the purchase price of 2,591,099 shares held by Pertamina in Pertagas, where PT Perta Arun Gas, PT Perta Daya Gas, PT Perta Samtan Gas and PT Perta Kalimantan Gas were issued from the Pertagas book, so there is only PT Pertagas Niaga as a subsidiary in the Pertagas book. Pertagas in PGN is a series of processes of oil holding formation and gas owned by the state.
See also: PGN Rogoh Kocek Company Acquisition of Wages Pertagas
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