PGAS Reports Strong Operational Performance and Strategic Developments Amid Gas Distribution Growth

As of June 2026, PGAS is poised to maintain its status as a leader in the natural gas sector, reporting a distribution volume of 832 BBTUD and a transmission volume of 1,627 MMSCFD. Fajriyah Usman, the company's corporate secretary, highlighted PGAS's commitment to operational efficiency and robust risk management to effectively navigate the challenges and opportunities anticipated in the first half of 2025.

In addition to its core operations, PGAS has made notable contributions in other segments, including oil transportation, which accounted for 173,159 BOEPD, and a lifting of hydrocarbons at 16,774 BOEPD. The company's foray into international LNG trade is also noteworthy, with successful shipments of three cargoes to China and the addition of four potential buyers.

Financially, PGAS has reported revenues of $1.93 billion and a net profit of $144 million, with an EBITDA of $463 million. These figures underline the company's strong market presence. Fajriyah emphasized that PGAS will concentrate on developing its primary business of gas transmission and distribution while actively seeking innovative growth opportunities focused on efficiency.

Current projects include the revitalization of the Arun Tank F 6004, where EPC work is 81.10% complete, and non-tank EPC work is nearing completion at 94.39%. The oil transportation project from Cikampek to Plumpang is also progressing. Fajriyah noted the procurement of materials has commenced, with the Tegal-Cilacap project moving into the Front End Engineering Design phase and commercial arrangements being established.

In line with national goals for carbon emission reduction, PGAS is implementing measured strategies to optimize the use of natural gas as a transitional energy source, thus reinforcing its commitment to sustainable practices while fostering growth in the energy sector.