PT Pertamina (Persero) and Abu Dhabi National Oil Company or ADNOC, the Abu Dhabi oil and gas company, United Arab Emirates, signed an LPG sale and purchase agreement.
Director of Central Marketing and Commerce of PT Pertamina Patra Niaga-a subsidiary of Pertamina-Hasto Wibowo said the agreement was to ensure the safety of LPG supply in Indonesia, whose demand is increasing per year.
According to Pertamina, the demand for LPG is estimated at 8.3 million tons in 2022, then 9.12 million tons in 2023, and an estimated 10 million tons in 2024.
"Currently, Indonesia's demand for LPG imports is 6 million tons per year," he said.
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