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Indonesia: Jadestone Energy signs Akatara gas sales agreement

Jadestone Energy PLC - Akatara Gas Sales Agreement Signed

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IN BRIEF: Jadestone

IN BRIEF: Jadestone delighted with Indonesia ministerial decree Tue, 6th Jul 2021 21:58 Jadestone Energy PLC - oil and gas producer in Asia-Pacific - Notes Indonesian minister of Mines & Energy issues ministerial decree allocating liquefied petroleum gas sales from the Akatara gas field in the Lemang PSC, onshore Indonesia, to a subsidiary of the national electricity utility, PT Perusahaan Listrik Negara. The ministerial decree facilitates the development and commercialisation of the Akatara gas field and also the associated production and sales of LPG to the local domestic market in Jambi, together with condensate sales to a local buyer, company explains. Company signs heads of agreement for gas sales from its planned development, with PT Pelayanan Listrik Nasional Batam as buyer.

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