Medco Supply Gas PLN Tarakan

Tarakan Borneo - PT Medco E & P Indonesia to supply gas for PLTG and amounted to 10.134 BBTU PLTMG Tarakan during the five years up to 2015 with a total contract value of USD 37.49 million. Thus expressed Producing Asset Director of PT Medco E & P Indonesia, Dasril Dahya after signing a gas sales agreement with PT PLN Tarakan at Hotel Novotel, Balikpapan, Wednesday (05/12/2010).

"This contract is a contract extension that began in 2003 and ended in March last," said Dasril. Medco, he continued ready supply gas for the needs of the city. Production on the block PSC Tarakan Medco reached 5.5 mmcf per day. Upcoming 2011 production will be increased to six mmcf per day. (*)

Source: Tribun Kaltim (May 12, 2010)