State-owned Indonesia energy firm Pertamina will discuss an agreement with Pakistan LNG Limited for supply of liquefied natural gas (LNG) to Pakistan for 10 years with an optional extension of five years, sources said. The Indonesian government has initiated cooperation in the energy sector with Pakistan since September 2017.
Pakistan and Indonesia had signed four memoranda of understanding on cooperation in energy, trade, training and education on January 27, 2018. The first agreement deals with the import of LNG and POL products from Indonesia. Pertamina firm had signed an agreement on Jan 28 with Pakistan LNG Ltd. The contract is part of the sale and purchase agreement of 1.5 million tons per annum of LNG. The agreement will be effective for 10 years with an optional extension of five years, sources said The Indonesian energy firm had also signed an inter-governmental agreement with Pakistan LNG Ltd in the energy sector.