Oil & Energy - Blora, Central Java, Indonesia
Established in February 2004, PT. Sumber Petrindo Perkasa has an objective to become a leading gas distributor company with major investment of a gas transfer station located in Cepu, Blora, Central Java and 20"stretching approximately 123.5 Km gas pipeline from Cepu to Semarang parallel to the railroad in accordance to our agreement with PT Kereta Api Indonesia. PT. Sumber Petrindo Perkasa (PT SPP) has entered into operational phase on May 2014. We currently supplies contractual volume of 50 MMSCFD natural gas purchased from PT Pertamina EP located in Gundih Block, Cepu, Central Java. We deliver our gas through our pipeline which act as a backbone of gas distribution in Central Java to our sole customer PT Indonesia Power as fuel for their Tambak Lorok power plant. We have supported the oil to gas conversion to decrease the subsidized oil usage for the electricity purpose.