PT Perta Samtan Gas | Shareholders
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Shareholders

Gedung Oil Centre Lt. 1,2,3 & 4

JL. M.H. Thamrin Kav. 55, Central Jakarta, Indonesia 10350

T. +62-21 3190 6825, F. +62-21 3190 6831

 

PT Pertamina Gas is a company who has focus in midstream sector and downstream of gas industry in Indonesia. This company was a subsidiary of PT Pertamina (Persero) which has a role in gas trading, gas transportation, gas process and gas distribution and other business who has related with natural gas and their inheritance products. PT Pertamina Gas start to operate in February 23 2007. This is the starting point of an answer for UU No. 22 / 2001 and also to increase demand of gas commodity in Indonesia as an environmentally safe energy alternative to replace fuel oil. To increase of value added in gas market is also one of the objectives. This effort will provide value-added to gas business. Competence of PT Pertamina (Persero) and 30 years experiences in managing the gas business stimulated for establishment of a separate focus and professional company. PT Pertamina Gas rely on the existing resources, assets and business networks to develop business in line with Good Corporate Governance’s values. PT Pertamina Gas has strong business support from its holding, PT Pertamina (Persero) and from the other affiliates. That collaboration generate strong synergy in the oil and gas business. In terms of trading, PT Pertamina Gas has total reserves 10,4 TCF beside managing the gas transmission infrastructure in West Java, East Java, South Sumatra, North Sumatra, Aceh and East Kalimantan. Other strengths, PT Pertamina Gas has 2.335 MMSCFD captive markets (committed volume: 1.405 MMSCFD) in Northern Sumatra (SBU), Southern Sumatera (SBS) and Western Java (JBB). PT Pertamina Gas will also maintains business climate and conducive situation under coordination of BPMIGAS (Upstream Oil and Gas Supervisory Agency), BPHMIGAS as regulator and with some state-owned enterprises as the largest gas consumer. PT Pertamina Gas has many business opportunity in the future with seeing limited current gas supplies, uncommitted gas demand reached 250 BSCF per year since 2007 and 45% national gas demand growth in last year. Accordingly, the Indonesian government has produced a blueprint for the national gas pipeline network known as the Integrated Indonesia Gas Pipeline. One of the segment, Semarang-Gresik will be built by PT Pertamina Gas. Business prospects of derivative gas, petrochemical and electrical power are also very promising in the coming years.

SAMTAN B/D 421

Youngdongdae-ro, Gangnam-gu, Seoul, Korea
T. +82-2 5276100, F. +82-2 5614485

 

Samtan Co., Ltd. engages in the exploration, production, transportation, and shipping of mineral resources in South Korea and internationally. It operates the Pasir coal mine covering approximately an area of 50,921 hectares located in Kalimantan Island, Indonesia. The company exports its thermal coal products to approximately 13 countries for use in various fields. It also engages in the crude palm oil plantation operations covering an area of approximately 40,000 hectares located in Bangka, Sumatra Island, Indonesia; and operation of an independent thermal coal power plant with an electricity generation capacity of approximately 660 megawatts in West Indonesia. In addition, the company provides LPG gas and condensate; offers waste removal services; operates golf courses; and leases office and auditorium spaces for various purposes. Further, it holds interests in 14 exploration licenses covering approximately an area of 667,000 hectares located in Mongolia. The company was formerly known as Samcheok Coal Development Co., Ltd. and changed its name to Samtan Co., Ltd. in March 1993. Samtan Co., Ltd. was founded in 1962 and is headquartered in Seoul, South Korea. Samtan Co., Ltd. is a subsidiary of Samchully Co.,Ltd.

 

Summary :

Name Of FirmSamtan Co., Ltd.
CEOKim, Sung-kook
Date Of Establishment1962.12.10
Major BusinessMining coal/Sales and Resource Development etc.
Financial IndexTotal Asset 1.38 billion US Dollasrs / Sales 899 million Us Dollars / Net income 230 million US Dollars
Location of Head OfficeSAMTAN B/D 421 Youngdongdae-ro, Gangnam-gu, Seoul, Korea
Investor, Joint VenturePT. KIDECO JAYA AGUNG (Indonesia coal production) and 14 companies
Forms of Enterprisenon-listed, external audit corporation