PT PGN LNG Indonesia

What PT PGN LNG Indonesia does

PT PGN LNG Indonesia is an Indonesian state-owned LNG infrastructure company and a wholly-owned subsidiary of PT Perusahaan Gas Negara Tbk (PGN), itself part of the Pertamina group. Founded on 26 June 2012, the company was set up to consolidate LNG liquefaction, storage, delivery, and regasification activities in support of PGN's gas transportation and distribution mandate. Its core asset is an offshore Floating Storage Regasification Unit (FSRU) located approximately 21 km from Labuhan Maringgai, Lampung, in commercial operation since July 2014 with nameplate capacity of 1.5–2 MTPA and a regasification send-out limit of up to 240 MMSCFD. The FSRU allows LNG storage and regasification without requiring onshore terminal construction, with regasified gas delivered via pipeline to industrial, power, and commercial end users. Headquartered in Jakarta at The Manhattan Square (Tbk Simatupang), the company employs 101–250 staff and holds multiple Indonesian government certifications in environment, safety, and occupational health (PROPER Blue, Zero Accident, Patra Nir Bhaya Karya Pratama, SMK3P2LE).

The company's product portfolio spans the LNG value chain: LNG bunkering for maritime operators (Ship-to-Ship, Truck-to-Ship, and Direct Berthing at Bontang), small-scale LNG terminals and mini liquefaction plants for off-grid industrial and power customers, Bio-LNG produced from POME, organic waste, and livestock manure, and ancillary operation and maintenance plus LNG trading operational/commercial support. It serves four primary customer segments: industrial and power generation (smelters, cement, ceramics, FMCG, captive power), maritime and shipping, transportation (trucks, rail), and remote/off-grid energy access. Revenue is generated through volume-based LNG supply and distribution, bunkering transaction fees, professional services for O&M, and managed LNG trading support, with contracts negotiated directly with enterprise customers in long-term supply arrangements.

Go-to-market is enterprise field sales executed within the PGN/Pertamina SOE ecosystem, leveraging the parent's regulatory relationships, national gas distribution network, and government program alignment (Indonesia's fuel-oil reduction initiative and Net Zero 2060 target). Marketing is primarily relationship-driven and digital-light: a corporate website with an LNG calculator and educational content, supplemented by X/Twitter, YouTube, Facebook, and a WhatsApp business contact line. Pricing is not publicly disclosed and is contracted on a per-deal basis. As an SOE subsidiary, PGN LNG is positioned as a strategic instrument of Indonesian energy policy rather than a price-discretionary commercial operator, with the Lampung FSRU and Bontang bunkering operations as its most material deployed assets.

Name

PT PGN LNG Indonesia

Legal name

PT PGN LNG Indonesia

Website

https://pgnlng.co.id

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

101–250 employees

Short description

PT PGN LNG Indonesia is a state-owned LNG infrastructure subsidiary of PT Perusahaan Gas Negara (Pertamina group) that operates the Lampung FSRU and provides LNG bunkering, small-scale LNG, and Bio-LNG solutions to industrial, power, maritime, and transport customers across Indonesia.

Ownership category

akta.pro rank

Product category

LNG Infrastructure and Distribution

NAICS

Natural Gas Distribution (221210), Pipeline Transportation of Natural Gas (48621), Natural Gas Distribution (2212)

SIC

Natural Gas Transmisison & Distribution (4923), Natural Gas Transmission (4922)

akta.pro primary industry

LNG Regasification Terminals (Onshore & FSRU) (EUALAFAB)

akta.pro secondary industries

LNG Storage, Terminals & Bunkering (Peak Shaving, Small-Scale LNG) (EUALAFAD), LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD), LNG Liquefaction Plants (Onshore & FLNG) (EUALAFAA)

Keywords

• LNG infrastructure services
• LNG bunkering solutions
• Natural gas distribution
• FSRU regasification operations
• Industrial energy supply

Headquarters

HQ city

Jakarta

HQ country

Indonesia

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. LNG Supply and Distribution: PGN LNG generates revenue by supplying and distributing LNG to industrial customers, power plants, maritime operators (bunkering), and transportation companies. The company manages the full LNG value chain from FSRU storage through regasification to end-user delivery. Revenue is derived from volume-based LNG sales and distribution fees.
2. LNG Bunkering Services: LNG bunkering services for maritime vessels including Ship-to-Ship, Truck-to-Ship, and Direct Berthing operations. Revenue generated from fuel supply and port service fees for ship operators.
3. Operation and Maintenance Services: Port services including pilotage and towage, LNG facility operations and maintenance, warehouse management, shorebase operations, and contract service management for LNG infrastructure.
4. LNG Trading Operational and Commercial: Operational and commercial support for LNG trading including data analysis, pricing determination, and integrated delivery scheduling.
5. Bio-LNG Sales: Production and sale of Bio-LNG derived from organic waste streams (POME, organic waste, livestock manure) as a renewable fuel alternative, contributing to carbon reduction while providing waste management solutions.

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

PT PGN LNG Indonesia operates the full LNG value chain for Indonesia, including LNG liquefaction, storage, delivery, and regasification. The company's core asset is an offshore Floating Storage Regasification Unit (FSRU) located approximately 21 km from Labuhan Maringgai, Lampung, with capacity of 1.5–2 MTPA and delivery limit up to 240 MMSCFD. It supplies LNG to industrial customers, power plants, maritime operators (bunkering), and transportation companies, while also producing Bio-LNG from organic waste streams.

Product overview

PT PGN LNG Indonesia operates as an integrated LNG infrastructure company offering a comprehensive portfolio of products and services across the LNG value chain. The core offerings include LNG Bunkering (ship fuel solutions via Direct Berthing and Ship-to-Ship Transfer), Bio-LNG (from organic waste sources), Operation & Maintenance Services, LNG Trading Operational & Commercial support, Mini Liquefaction Plants, and LNG for Power solutions. The company operates a Floating Storage Regasification Unit (FSRU) offshore Lampung as its primary infrastructure asset. Together, these products enable LNG supply, liquefaction, transportation, storage, regasification, and trading throughout Indonesia.

Differentiator

Problem solved

Functional benefit

Products and services

• LNG Bunkering

Quantifiable outcome

• CO2 emissions reduced by ~25% compared to other fossil fuels
• +5 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

One partnership is on record.

• PT Perusahaan Gas Negara Tbk (PGN) / Pertamina Gas NegaracoreStrategic or Co-development PartnerPGN LNG Indonesia is a direct subsidiary of PT Perusahaan Gas Negara Tbk (PGN), branded as Pertamina Gas Negara. PGN is the parent company providing the primary business mandate for LNG infrastructure development including LNG liquefaction, storage and delivery, and regasification to support PGN's core transportation and distribution gas business to consumers. The parent company provides strategic direction, corporate governance, and integration within Indonesia's state-owned energy ecosystem.

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• PT Badak NGL: Operates the Bontang LNG facility, Indonesia's largest LNG plant, providing liquefaction services that supply PGN LNG's downstream regasification and bunkering operations. Directly comparable as an LNG value-chain participant serving overlapping Indonesian customers.
• Höegh LNG: Norway-based FSRU owner and operator with a global fleet serving LNG import markets. Comparable as a pure-play FSRU infrastructure provider, though operating at larger global scale than PGN LNG's single-asset Indonesian focus.
• PT Arun NGL: Operates the Arun LNG facility in Aceh, one of Indonesia's largest LNG plants. Comparable as a domestic LNG infrastructure operator within the same value chain and regulatory environment as PGN LNG.
• Excelerate Energy: Global leader in FSRU-based regasification with operations across Latin America, Asia, and the Middle East. Directly comparable to PGN LNG's core FSRU technology, both onshore and offshore regasification services, and LNG import infrastructure business model.

Broad incumbents

• PT Saka Energi Indonesia: Pertamina Group upstream subsidiary with gas exploration and production interests in Indonesia. Comparable as a Pertamina-ecosystem participant in the Indonesian gas value chain, though focused upstream rather than midstream LNG infrastructure.
• PT Medco Energi Internacional: Indonesia's largest listed oil and gas company with upstream gas operations and energy infrastructure interests. Comparable as an Indonesian gas value-chain participant but with broader upstream and downstream exposure.
• PT Pertamina (LNG Division): Indonesia's state-owned energy major and PGN LNG's grandparent entity, with broad LNG trading and upstream gas operations. Comparable as a domestic LNG value-chain participant but operating at much larger integrated scale across upstream, midstream, and downstream.

Emerging players

• PT Surya Esa Perkasa: Indonesian gas-focused company operating the Cikarang Listrindo power business and gas processing facilities. Comparable as a domestic natural gas and power infrastructure operator serving overlapping industrial customer segments.
• PT Energi Mega Persada: Indonesian upstream-to-midstream gas operator with processing and pipeline operations serving domestic industrial customers. Comparable as an Indonesian natural gas midstream and infrastructure operator within overlapping customer segments.

Others

• PT PGN (Perusahaan Gas Negara): Parent company of PGN LNG and Indonesia's largest natural gas distributor with extensive pipeline networks. Comparable through direct ownership and integration with PGN LNG's downstream distribution activities, though operating at much larger gas-transportation scale.

Market position

Strengths1 record

Weaknesses1 record

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Pgn_Lng
• YouTubeyoutube.com/@pgnlngindonesia4020
• Facebookfacebook.com/pgnlngofficial
• LinkedInlinkedin.com/company/pt-pgn-lng-indonesia

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 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 PT PGN LNG Indonesia