Andalas與Pertamina簽署合作協議

Andalas Energy and Power Plc, the AIM listed Indonesian focused upstream oil and gas and power company (AIM: ADL), has signed an agreement with PT Pertamina (Persero) to establish a joint working and steering committee with the objective to fast-track commercialisation of marginal gas fields within Pertamina’s acreage in Indonesia. The execution of this Agreement represents substantial progress by Andalas in the implementation of its gas-to-power strategy with a world-class partner. Pertamina, listed in the global Fortune 500, is Indonesia’s national energy company and holds an unrivalled position within the country’s energy industry.

This Agreement is in line with Andalas’ plan to utilise its team’s expertise and local knowledge to make a significant contribution at the local level towards fulfilling the Government of Indonesia’s goal of reducing the country’s power shortfall. Indonesia is seeking to increase electricity capacity by 35,000 Megawatts (‘MW’) by 2019.