Network-Based Natural Gas Price Set to Decrease

By Editorial Team 03/10/2019
Summary

The price of natural gas distributed through pipeline networks could get lower after the government issued the Energy and Mineral Resources Minister Regulation No. 14/2019 on the selling price of natural gas distributed through pipeline networks, which comes into effect on January 1, 2020.

The government, through the regulation, will extend the economic life of the gas pipe from 15 years to 30 years. By using this strategy, the toll fee of natural gas is getting low and, consequently, the gas price is getting cheaper. The economic life extension could also force the distributor, PT Perusahaan Gas Negara Tbk or PGN, to low pipe rental price.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

Sign up
Log in
What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.