Citra Nusantara Gemilang

What Citra Nusantara Gemilang does

PT Citra Nusantara Gemilang (operating as CGAS, ticker on the Indonesia Stock Exchange since December 2023) is Indonesia's pioneer distributor of Compressed Natural Gas, founded in December 2005 in Cikarang to deliver natural gas to industrial, commercial, and transportation customers located outside the reach of gas pipeline infrastructure. The company's core technology compresses natural gas to 250 bar, stores it in modular Gas Transport Modules (GTMs) of 5-, 10-, 20-, and 40-foot configurations, and delivers it to customer sites through Pressure Reduction Stations (PRS) calibrated to each customer's required pressure profile — an "online mother-daughter station" model that has been in continuous operation since the 2006 inauguration of the first Mother Station in Indonesia at Cikarang (initially 2 MMSCFD, expanded to 3 MMSCFD in 2008 and 5 MMSCFD in 2013).

The product portfolio is anchored on the GASRA brand (launched 2019) and is segmented into GASRA Industri (industrial customers, volumes up to 1.7 MMSCFD, served via 10–40 ft GTM containers with PRS), GASRA Retail (commercial customers such as hotels, restaurants, malls, hospitals, apartments, laundries, and UMKM, volumes under 0.02 MMSCFD, served via 5–10 ft GTM and Mini PRS), and GASRA Services plus CNG Spot Supply for project-based and interim needs. As of 2023 the company operates four Mother Stations (Cikarang 5 MMSCFD, Maspion Manyar/Gresik 2 MMSCFD, Grobogan 1.5 MMSCFD, Majalengka 1 MMSCFD) and a network of regional depots (Klaten, Malang, Lampung, Kediri) plus operational offices in Bandung, South Jakarta headquarters, and subsidiary offices in Surabaya (PT CNE, East Java), Palembang (PT CHR, South Sumatra), and Sidoarjo.

Revenue is generated on a usage-based volumetric model in cubic meters per month across industrial (20,001–1,500,000 Sm3/month) and retail (2,000–20,000 Sm3/month) tiers, with additional professional-services revenue from subsidiary PT CNG Global (equipment trading, engineering, and CNG infrastructure construction). Customer acquisition is sales-led with enterprise field sales targeting industrial accounts, supplemented by government and NGV-fleet conversion programs under the langit biru air-quality initiative. The group is expanding into LNG (project initiated 2024), BioCNG from palm-oil-mill biogas, and solar panels as adjacent product lines, and entered pipeline-based distribution via the 2021 PT Cipta Rizqi Energi (CRE) joint venture with BUMD Sindangkasih Multi Usaha. Wholly-owned operating subsidiaries are PT Citra Nusantara Energi (East Java), PT CNG Hilir Raya (South Sumatra), and PT CNG Global.

Name

Citra Nusantara Gemilang

Legal name

PT. Citra Nusantara Gemilang

Website

https://cng.co.id

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

51–100 employees

Short description

PT Citra Nusantara Gemilang (CGAS) is Indonesia's pioneer Compressed Natural Gas distributor, founded 2005 and listed on the IDX since December 2023, supplying industrial, commercial, transportation, and government customers via four Mother Stations and a depot network across Java and Sumatra.

Ownership category

akta.pro rank

Product category

Natural Gas Distribution

NAICS

Natural Gas Distribution (22121), Pipeline Transportation of Natural Gas (4862)

SIC

Natural Gas Transmission (4922), Natural Gas Distribution (4924)

akta.pro primary industry

Industrial CNG/LNG Supply & Distribution (Virtual Pipelines, Trucking, Satellite Storage) (EUALALAA)

akta.pro secondary industries

CNG/LNG Refueling for Industrial Fleets (Private Stations, Yard Fueling) (EUALALAK), Off-Grid/Remote Energy Solutions (Mines, Camps, Islands using LNG/CNG) (EUALALAI), Natural Gas Compressor Station Operations & Services (TLAGACAD), Customer Satisfaction, QA & Performance Analytics (VoC, NPS/CSAT) (EUAJAHAN)

Keywords

• Compressed natural gas distribution
• CNG industrial supply
• Natural gas logistics
• CNG mother station operations
• Natural gas vehicle fueling

Headquarters

HQ city

Cikarang

HQ country

Indonesia

HQ region

Asia

Offices14 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Supply Chain, Operations, Infrastructure, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. CNG B2B Sales (GASRA Industri): Compressed Natural Gas sales to industrial customers with volumes up to 1.7 MMSCFD, supplied via GTM (10ft, 20ft, 40ft containers) and PRS systems. This is the primary revenue stream.
2. CNG B2C/Retail Sales (GASRA Retail): CNG sales to commercial and retail customers (hotels, restaurants, malls, hospitals, apartments, laundries, UMKM) with volumes under 0.02 MMSCFD, supplied via smaller GTM (5ft, 10ft) and Mini PRS units.
3. CNG Spot Supply: CNG supply on a fixed timeframe basis for specific project or interim needs.
4. Equipment and Engineering Services: PT CNG Global provides equipment trading, engineering services, and CNG infrastructure construction, generating additional revenue through one-time and project-based engagements.
5. GASRA Services: Project services related to natural gas beyond CNG supply, including consultation and operational support.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

PT Citra Nusantara Gemilang distributes Compressed Natural Gas (CNG) under the GASRA brand to industrial, commercial, retail, and transportation customers across Indonesia. CNG is compressed to 250 bar at Mother Stations, transported via modular Gas Transport Modules (GTM), and delivered to customers through Pressure Reduction Stations (PRS) that supply areas not reached by gas pipelines. The company also offers engineering services, equipment trading, and infrastructure construction through PT CNG Global, and is expanding into LNG, BioCNG, and solar energy.

Product overview

PT Citra Nusantara Gemilang operates as an energy company specializing in Compressed Natural Gas (CNG) distribution and trading in Indonesia. The company's core product is CNG, distributed to industrial, commercial, and transportation sectors through the GASRA brand (launched 2019), which encompasses GASRA Industri (large volume industrial users up to 1.7 MMSCFD), GASRA Retail (small commercial users under 0.02 MMSCFD), GASRA Services (project services), and CNG Spot Supply (temporary supply). The company operates Mother Station and Depo infrastructure and is expanding into LNG, BioCNG, and Solar Panels as part of business development initiatives. The company went public in December 2023 on the Indonesia Stock Exchange.

Differentiator

Problem solved

Functional benefit

Brands

• GASRA: GASRA (GAS CITRA) is the brand name of PT Citra Nusantara Gemilang representing the company's values as a leading energy company in Indonesia that prioritizes product quality and service so that all customers benefit. GASRA serves the industrial and retail sectors with CNG solutions including GASRA Industri (for industries with CNG volume up to 1.7 MMSCFD), GASRA Retail (for commercial establishments like hotels, restaurants, malls, hospitals, apartments, laundries, and SMEs with CNG volume less than 0.02 MMSCFD), and GASRA Services (projects related to natural gas other than CNG Supply).

Products and services

• GASRA Industri CNG supply product for small and large industrial customers with usage volumes up to 1.7 MMSCFD. Delivered via Gas Transport Modules (GTM) in 10, 20, and 40 foot container sizes plus on-site Pressure Reduction Systems (PRS) for industrial manufacturing, production, and power generation.
• GASRA Retail CNG supply product for commercial and retail customers including hotels, restaurants, malls, hospitals, apartments, laundries, and UMKM with usage volumes less than 0.02 MMSCFD. Delivered via smaller Gas Transport Modules (5 and 10 foot) and Mini PRS units.
• GASRA Services Project services related to natural gas other than CNG supply, including consultation and operational support for customers with broader natural gas needs.
• CNG Spot Supply Time-based CNG supply for customers needing temporary or interim gas supply for specific projects or short-term operational needs.
• CNG Equipment Trading, Engineering, and Infrastructure Construction (PT CNG Global) Equipment trading, engineering services, and CNG infrastructure construction offered by wholly-owned subsidiary PT CNG Global, including one-time and project-based engagements for CNG distribution customers.
• BioCNG Renewable CNG produced from palm oil factory waste through biogas digesters, with methane concentration upgraded to deliver a product with the same characteristics as conventional CNG.
• Solar Panel Photovoltaic solar panel solutions converting sunlight into electricity for residential, commercial, and industrial applications, part of CGAS's diversification into distributed energy solutions.

Quantifiable outcome

• 250,000+ hours without workplace accident (Ministry of ESDM award, 2011)
• +2 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Two partnerships are on record, tiered core.

• BUMD Sindangkasih Multi UsahacoreStrategic or Co-development Partner · 1 January 2021PT Citra Nusantara Gemilang cooperated with BUMD Sindangkasih Multi Usaha in 2021 to establish PT Cipta Rizqi Energi (CRE) for natural gas distribution via pipeline infrastructure. This partnership represents a strategic expansion into pipeline-based gas distribution, complementing CGAS's existing CNG transport-based distribution model.
• PT Cipta Rizqi Energi (CRE)coreOthersJoint venture established in 2021 between PT Citra Nusantara Gemilang and BUMD Sindangkasih Multi Usaha to develop natural gas distribution using pipeline infrastructure. CRE is also involved in the Karawang LNG Station project as of 2024.

Scale indicators7 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• Clean Energy Fuels Corp: US-based leading provider of compressed and liquefied natural gas for transportation and industrial customers, operating virtual-pipeline CNG/LNG distribution networks. Closest international business-model analog with multi-station distribution infrastructure and government/transportation customer focus.
• PT Perusahaan Gas Negara (PGN): Indonesia's largest natural gas distribution company, operating the country's main gas transmission and distribution pipeline network. Directly comparable as the dominant Indonesian gas distributor serving industrial and commercial end-users, though pipeline-based rather than CNG virtual-pipeline based.
• PT Humpuss Intermoda Transportasi: Indonesian company engaged in LNG and LPG transportation and small-scale LNG distribution. Closely comparable in deploying non-pipeline (transport-based) gas delivery to industrial customers, particularly for off-grid and remote sites.
• PT Pertamina Gas (Pertagas): Subsidiary of Pertamina engaged in natural gas transmission, distribution, and trading across Indonesia. Comparable as a major Indonesian gas distribution operator serving industrial customers, with overlapping customer segments in Java and Sumatra.
• PT Surya Esa Perkasa: Indonesian energy company operating gas processing and distribution assets serving industrial customers in Sumatra and Java. Comparable business model of monetizing gas molecules for industrial end-users via processing and distribution infrastructure.

Regional players

• PT Saka Energi Indonesia: Indonesian upstream-to-midstream gas company with processing and distribution operations. Comparable regional gas operator serving Indonesian industrial customers, though with a different segment mix.
• PT Star Energy Geothermal: Indonesian geothermal energy producer listed on IDX. Comparable as an IDX-listed Indonesian energy company pursuing ESG-aligned energy expansion; provides peer benchmark for capital markets activity though different technology.

Emerging players

• Chart Industries: US-based manufacturer of cryogenic equipment for LNG, CNG, and industrial gas applications, including transport containers and distribution technology. Comparable on the technology side of CGAS's GTM and pressure regulation infrastructure.

Broad incumbents

• PT Medco Energi Internasional: Indonesia's largest listed independent upstream oil and gas company with midstream and downstream gas interests. Comparable as a major Indonesian gas value-chain participant, though focused upstream; provides scale benchmark for Indonesian gas sector.
• Air Products and Chemicals: Global industrial gas major with extensive operations in Asia including Indonesia, supplying merchant gases to industrial customers. Comparable as an industrial gas distribution incumbent, providing scale and operational benchmarking though at much larger scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/pt-cng

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Citra Nusantara Gemilang