Perusahaan Gas Negara (Persero) Tbk Unsponsored ADR (PPAAY)

Overview

PT Perusahaan Gas Negara Tbk (PGN), with its subsidiaries, plays a pivotal role in the transmission and distribution of natural gas across Indonesia. Its business scope is segmented into Gas Trading and Transmission, Exploration and Production of Oil and Gas, as well as Other Operations. The company prides itself on its extensive engagement in the oil and gas sector, from exploration and exploitation to business development. Founded in 1859, PGN is based in Jakarta, Indonesia and operates as a subsidiary of PT Pertamina (Persero), highlighting its significant position within the national energy sector.

Products and Services

• Gas Trading and Transmission

  PGN is a major player in the trading and transmission of natural gas, delivering this essential resource to various sectors including industrial, commercial, and household clientele. Through its comprehensive pipeline network and innovative technologies, the company ensures efficient and reliable gas distribution across the region.

• Exploration and Production of Oil and Gas

  Engagement in the exploration and exploitation activities marks another core operation of PGN, as it seeks to uncover and develop oil and gas fields. This endeavor not only supports Indonesia’s energy independence but also positions PGN as a crucial player in the national energy landscape.

• Liquefied Natural Gas (LNG) Processing

  PGN involves in processing natural gas into LNG, enhancing the utility and transportability of this clean energy source. This process enables the company to meet the diversified energy needs of its customers by supplying LNG for various applications.

• Fiber Optic Rental for Network Services

  To support the country’s telecommunication infrastructure, PGN offers fiber optic rental services. This facilitates an array of network services, contributing to the improvement of Indonesia’s connectivity and digital infrastructure.

• Construction and Maintenance Services

  Recognizing the importance of reliability in energy distribution, PGN provides construction and maintenance services. These services ensure that both the gas transmission and distribution infrastructures are kept at optimum operational standards.

• Building and Equipment Management and Leasing

  Aside from its core operations in the energy sector, PGN extends its expertise to the management and leasing of buildings and equipment. This diversifies its operational base and utilizes its assets effectively.

• Engineering and Consultancy Services

  The vast experience and technical knowledge of PGN are also offered through its engineering and consultancy services. It aids clients in navigating the complexities of energy projects, ensuring their successful execution.

• Telecommunications

  Complementing its fiber optic rental services, PGN extends into broader telecommunications services. This not only underscores its versatility but also its commitment to supporting the infrastructural development of Indonesia.

• Electricity Services

  Expanding its energy portfolio, PGN provides electricity services, further cementing its role as a key energy provider in Indonesia. This inclusion enhances the company's ability to meet the growing energy demands of its diverse clientele.