PT Nusantara Regas

What PT Nusantara Regas does

PT Nusantara Regas is an Indonesian state-owned joint venture, established in 2010 between PT Pertamina (95%) and PT Perusahaan Gas Negara (5%), that operates the country's first Floating Storage and Regasification Unit (FSRU) in Jakarta Bay. With 500 MMSCFD of regasification capacity and a 15 km, 24-inch subsea transmission pipeline connecting the FSRU to the Onshore Receiving Facility (ORF) at Muara Karang, the company provides LNG-to-gas infrastructure serving Indonesia's state-owned electricity company PLN and downstream industrial customers in West Java. Its core product portfolio comprises the FSRU Nusantara Regas Satu (operated in partnership with Golar LNG Energy Limited), the Subsea Transmission Pipeline, the ORF Muara Karang distribution hub, and the chartered LNG Carrier Aquarius, supported by proprietary internal systems NR EMAS (risk management) and an E-Procurement platform.

The company distributes regasified natural gas directly to PLN power plants (Muara Karang, Tanjung Priok, Muara Tawar) and industrial customers (PGN West Java Distribution, Pertagas Transmission) via five dedicated pipeline outputs from the ORF. Its go-to-market is exclusively B2B infrastructure sales through long-term contractual arrangements with state-owned utilities, leveraging a direct enterprise sales motion with strategic account management. Revenue streams include natural gas sales (valued as passthrough transaction fees) and managed LNG storage and regasification services, with pricing being non-public and governed by Indonesia's regulated energy sector framework. The company is tri-ISO certified (ISO 9001:2015, ISO 14001:2015, ISO 45001:2018) and achieved Green Level in Pertamina's SUPREME HSSE Management Excellence program in 2025.

Founded as a ministerial-mandated initiative to address Indonesia's lack of LNG receiving terminal infrastructure, Nusantara Regas has been instrumental in enabling fuel diversification for PLN power generation, generating Rp15 trillion in fuel subsidy savings in the 2012-2013 period and supplying 93.7 million MMBTU of LNG in 2018 from domestic refineries (Bontang, Tangguh, Donggi Senoro). The company operates with 101-250 employees from its headquarters at Wisma Nusantara in Central Jakarta, with operational footprints in Jakarta Bay and Muara Karang, North Jakarta. Its business model is structurally tied to Indonesian state energy policy and PLN's electricity generation demand, creating a deeply embedded but single-customer-concentrated revenue base.

Name

PT Nusantara Regas

Legal name

PT Nusantara Regas

Website

https://nusantararegas.com

Company type

Private

Founded year

2010

Operating status

Operating

Headcount range

101–250 employees

Short description

PT Nusantara Regas is an Indonesian state-owned joint venture that operates the country's first Floating Storage and Regasification Unit (FSRU) in Jakarta Bay, distributing regasified LNG to PLN power plants and industrial customers in West Java.

Ownership category

akta.pro rank

Product category

LNG Regasification Infrastructure Services

NAICS

Natural Gas Distribution (22121), Natural Gas Distribution (221210)

SIC

Natural Gas Transmisison & Distribution (4923), Natural Gas Distribution (4924)

akta.pro primary industry

LNG Regasification Terminals (Onshore & FSRU) (EUALAFAB)

akta.pro secondary industries

LNG Import/Export Terminals & Storage (Regas, Peak Shaving, Small-Scale LNG) (EUALAEAD), LNG Regasification & Import Terminals (EUAAACAF), LNG Storage, Hub & Regas Capacity Optimization (Terminal Slots, Send-out) (EUAGAHAD)

Keywords

• LNG regasification services
• Floating storage regasification
• Natural gas distribution
• FSRU terminal operations
• Subsea gas pipeline

Headquarters

HQ city

Central Jakarta, DKI Jakarta

HQ country

Indonesia

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Natural Gas Sales: Sale of regasified LNG to PLN power plants and industrial customers. The company receives LNG from refineries (Bontang, Tangguh, Donggi Senoro), processes it through FSRU, and distributes resulting natural gas through pipeline infrastructure to power generation facilities.
2. LNG Storage and Regasification Services: Providing LNG storage and regasification facility services for the energy supply chain. Operations managed in cooperation with Golar LNG Energy Limited for FSRU facilities.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

PT Nusantara Regas operates the first Floating Storage and Regasification Unit (FSRU) in Southeast Asia, located in Jakarta Bay, to receive LNG from Indonesian refineries, regasify it into natural gas, and distribute it via subsea pipeline and Onshore Receiving Facilities to state-owned PLN power plants and industrial customers in West Java. The company runs a vertically integrated LNG regasification infrastructure with 500 MMSCFD capacity, a 15 km submarine pipeline, and a multi-output onshore gas distribution hub.

Product overview

PT Nusantara Regas operates a vertically integrated LNG regasification infrastructure system consisting of: FSRU Nusantara Regas Satu (floating storage and regasification unit in Jakarta Bay with 500 MMSCFD capacity), the Subsea Transmission Pipeline (15 km, 24-inch diameter connecting FSRU to shore), and Onshore Receiving Facilities (ORF) Muara Karang (gas distribution hub with 5 output pipelines to PLN power plants). LNG Carrier Aquarius transports LNG from refineries to the FSRU. Supporting systems include NR EMAS (internal risk management system) and E-Procurement platform.

Differentiator

Problem solved

Functional benefit

Products and services

• FSRU Nusantara Regas Satu Floating Storage and Regasification Unit located in Jakarta Bay providing LNG regasification with 500 MMSCFD capacity. The facility receives LNG ships ranging from 125,000 m3 to 175,000 m3 and uses propane heated by seawater as the main heating medium, producing regasified natural gas at 55 bar (g) pressure and 25 degrees Celsius for delivery to onshore customers.
• Onshore Receiving Facility (ORF) Muara Karang Gas distribution hub located in Muara Karang Pluit within a 2,100 m² PJB area. ORF Muara Karang accepts one input from FSRU Nusantara Regas Satu and provides five outputs serving PLN Muara Karang (at 350 psi and 620 psi), PLN Tanjung Priok, PGN West Java Distribution, and Pertagas Transmission for delivery to PLN Muara Tawar.
• Subsea Transmission Pipeline Submarine pipeline of 24-inch diameter spanning approximately 15 km from the FSRU Nusantara Regas Satu location to the Onshore Receiving Facility at Muara Karang, capable of distributing regasified natural gas up to 500 MMSCFD.
• LNG Carrier Aquarius Indonesian-flagged LNG ship with 125,000 m3 carrying capacity and 100% Indonesian crew, chartered by PT Nusantara Regas from PT Hanochem Shipping to transport LNG from refineries (Bontang, Tangguh, Donggi Senoro) to FSRU Nusantara Regas Satu.

Quantifiable outcome

• Reduced fuel subsidies by Rp15 trillion in 2012-2013 period through gas utilization replacing conventional fuel at PLN plants
• +3 more outcomes

Named customers6 records

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered minor and core.

• Universitas Gadjah Mada (UGM)minorStrategic or Co-development Partner · 26 May 2026Collaboration with UGM Master of Law students for legal education session on Building Safe School Spaces at SMAN 69 Jakarta, Pramuka Island. Part of company's Social and Environmental Responsibility (TJSL) education program.
• PHE ONWJminorStrategic or Co-development Partner · 1 September 2013Collaboration to optimize utilization of PHE ONWJ's pipeline network facilities for gas supply to PLN Tanjung Priok. Partnership enables distribution of up to 200 MMSCFD through Phase II project completion in October 2014.
• PT Hanochem ShippingcoreChannel Partner/ Reseller/ Distributor · 1 January 2012LNG carrier vessel charter arrangement for transportation of LNG from refineries to FSRU. LNG Aquarius is chartered from PT Hanochem Shipping since 2012, operates as Indonesian-flagged vessel with 100% Indonesian crew and 125,000 m3 carrying capacity, fulfilling cabotage principles.
• Golar LNG Energy LimitedcoreStrategic or Co-development PartnerStrategic partner for FSRU operations. Golar LNG Energy Limited owns and operates the FSRU Nusantara Regas Satu facility, which was modified from the LNG carrier Khannur. The partnership enables Nusantara Regas to leverage Golar's floating storage and regasification expertise.

Scale indicators10 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• PT Badak LNG: Badak LNG is one of the world's largest LNG producers located in Bontang, East Kalimantan, and a key LNG supplier to Nusantara Regas. Comparable as part of Indonesia's LNG value chain and one of the upstream sources feeding Nusantara Regas's FSRU operations.
• Höegh LNG: Höegh LNG is a global FSRU owner and operator with floating regasification terminals in multiple geographies. Comparable as a competing FSRU provider that could challenge Nusantara Regas's regional position or partner on additional Indonesian LNG receiving projects.
• Excelerate Energy: Excelerate Energy is a leading global FSRU developer and operator with multiple terminal projects worldwide. Comparable as a direct competitor offering FSRU-based LNG receiving and regasification services that compete for the same Indonesian and Southeast Asian infrastructure opportunities.
• Golar LNG Energy Limited: Golar LNG owns and operates the FSRU Nusantara Regas Satu and is Nusantara Regas's core FSRU operations partner. Directly comparable as a global FSRU owner/operator with overlapping technology stack (floating storage and regasification units) serving similar LNG-to-gas customers.
• PT Perusahaan Gas Negara (PGN) Tbk: PGN is Indonesia's largest natural gas distribution utility and a 5% JV partner in Nusantara Regas. Directly comparable as a state-owned gas midstream/downstream operator with overlapping customer base, infrastructure ownership, and Indonesian regulatory exposure.

Emerging players

• PT Saka Energi Indonesia: Saka Energi is an Indonesian upstream-to-midstream gas operator with exploration, production, and gas processing assets. Comparable as part of Indonesia's domestic gas ecosystem with potential to integrate upstream production with downstream regasification/marketing activities adjacent to Nusantara Regas's operations.

Regional players

• PT PLN (Persero): PLN is Indonesia's state electricity company and Nusantara Regas's primary gas offtaker. While a customer rather than a direct competitor, PLN is comparable as the dominant Indonesian gas-fired power off-taker whose own decisions on fuel mix and contract terms directly shape Nusantara Regas's revenue trajectory.

Broad incumbents

• PT Pertamina (Persero): Pertamina is Nusantara Regas's 95% parent and Indonesia's national oil & gas company. Comparable as the dominant Indonesian state-owned energy incumbent with integrated upstream, midstream, and downstream gas operations that overlap with Nusantara Regas's FSRU receiving role.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/nusantara-regas

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 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 Nusantara Regas