2025 Corporate Guidance "Accelerating Progress"
PT Perusahaan Gas Negara Tbk
Jakarta, 23 January 2025
Subholding Gas Strategic House
Vision
Mission Ambition
To be a provider of a greener and more sustainable world
Providing a solution from natural gas-based energy which gives added value to customers and
accelerating energy transition in Indonesia
Connecting Indonesia to a Cleaner and Sustainable Energy Future
Corporate Strategic
"G-A-S"
Grow and maintain
existing business
T&D and Regas infrastructure
City gas network |
Upstream Development &
Oil/BBM Infrastructure
Support
Adapt business, pursue adjacent opportunities
LNG Bunkering & Trading
Domestic Upstream LNG
Infrastructure
Total solutions Energy
Services
Step-out and scale to
new businesses
Gas to chemicals
Biomethane
H2/NH3
CO2 transport
3
Strategic Direction
HSSE, Risk
Management &
Sustainability
Customer Focus &
Revenue Driver
- Elevating our commitment to HSSE excellence.
- Addressing risk management framework & business continuity plan
- Continually reducing carbon emission and maintaining ESG rating score at the Medium Risk level or Level C
- Fulfil demand by optimizing piped gas and LNG into the supply portfolio
Operational Excellence
New Business &
Portfolio Optimization
Investment Strategy &
Prioritizing
- Accelerate Transmission and Distribution infrastructure connectivity and availability to enhance gas utilization in existing and new market
- Strengthening performance by optimizing LNG terminal and gas infrastructure
- Business diversification (crude and fuel oil pipeline transport, Global LNG trading, development of clean & renewable energy business/biomethane)
- Continued focus on market expansion and gas infrastructure development in key region (Java, Sumatra, Kalimantan, and Eastern Indonesia).
- Optimizing upstream assets to maintain production and reserve.
4
Corporate Target
Operating Metrics
Gas Trading | Gas Transmission | Regasification | Oil and Gas Lifting | Oil Transportation | LPG Processing | ||||||
(BBTUD) | (MMSCFD) | (BBTUD) | (BOEPD) | (BOEPD) | (TPD) | ||||||
852 | 873-958 | 1543 | 1435 | 218 | 168 | 20.424 | 17.227 | 161.174 | 178.347 | 108 | 100 |
FY24E | FY25 | FY24E | FY25 | FY24E | FY25 | FY24E | FY25 | FY24E | FY25 | FY24E | FY25 |
Target | Target | Target | Target | Target | Target |
Capex (US$ Million) | HSSE & Sustainability | |||||||||
338 | Number of Accident (NoA) | 0 | ||||||||
258 | 33% | Emission Reduction Ton CO2eq)* | 4.372 | Key Assumptions | ||||||
*GHG Scope 1 and Scope 2 | ||||||||||
39% | ||||||||||
Key Challenges | 1. | Economic Growth | 5,1% | |||||||
67% | Downstream & Others | 2. | Inflation Rate | 3,0% | ||||||
61% | • | Security of supply | 3. | Exchange Rate (Rp/US$) | Rp16.000,- | |||||
Upstream | ||||||||||
4. | Oil Price (ICP) | US$82/barrel | ||||||||
• | Infrastructure connectivity | |||||||||
• | Regulations harmonization | |||||||||
FY24E | FY25 Target | |||||||||
• | Global Economic volatility | |||||||||
- Global crude price volatility
Strategic Program & Investments
01 Customer Attachment
Commercials & Industries in Java and Sumatra (Pipeline incl. additional supply from JTB); CNG and LNG Retail (Beyond Pipeline)
02 Transmission & Distribution Infrastructure
Tegal-Cilacap Gas Pipeline, WNTS-Pemping Gas Pipeline, Industrial estate in Central Java (KIK Kendal)
03 City Gas Project
Development and expansion of city gas network in Java & Sumatera
04 Crude & Fuel Oil Infrastructure
Fuel Oil pipeline to deliver fuel oil from fuel depo in Cikampek to fuel depo in Plumpang
05 Upstream
Drilling Development (WK Pangkah, WK Ketapang, WK Fasken), PSC Extension WK Muara Bakau, and Workover WK Muriah
06
LNG
LNG Trading & Services
Global LNG Trading, LNG Hub & Storage, LNG Bunkering for marine fuel.
.
07 | Unlocking Demand through Beyond Pipeline | 08 | Low Carbon Business |
(CNG, LNG) | |||
Beyond pipeline business for smelter (study), | Biomethane and Gas Derivatives | ||
Development. | |||
power plant (study) | |||
Risk Management & Sustainability
Risk Management Policy
Three Line of Defense
Risk Appetite | |
Risk | |
Management | |
Contingency Plan | Risk Capacity, Tolerance, and |
Limit | |
Management Information System | Risk Measurement |
Risk Management Strategy
02 03
RISK APPETITE | RISK TOLERANCE |
Sustainablity Vision | Susitainability Focus |
To be the prominent and reliable National Gas Company with international standard in natural gas availability and utilization as well as being recognized as an environmentally-friendly, responsible-socially and good corporate governance-company.
Corporate ESG Risk Rating 2024
20.2
ESG RISK RATING HISTORY |
01
04
Negligible | Low | Medium | High | Severe |
0-10 | 10-20 | 20-30 | 30-40 | >40 |
29,6 | 28,5 | 28,1 | 28,1 | 24,7 |
RISK LIMIT
RISK CAPACITY
Risk Strategy is an implementation of a comprehensive risk management
and covering the policy, plan, execution, monitoring, evaluation and
reporting
Goals
- Enhancing transparency and accountability
- Optimizing sustainable growth
- Supporting an integrated risk management
- Improving performance and self sufficiency
Ranking
Industry Group (1st = lowest risk)
Gas Utilities | 9 out of 86 |
Utilities | 210 out of 678 |
Universe | 8096 out of 16179 |
Global Universe |
20,2 | |||||
2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
Full Update Report 13 Des 2024
Terima Kasih | Thank You
Kantor Pusat | Headquarter
Jl. K.H. Zainul Arifin No. 20, Jakarta, Indonesia
Hubungan Investor | Investor Relations
PT Perusahaan Gas Negara Tbk
Gedung A 4th Floor
Jl. KH Zainul Arifin No. 20, Jakarta, Indonesia
Email: PGN.InvestorRelation@pertamina.com
URL: https://ir.pgn.co.id/
Phone: +62 21-39735233
| Attention: This is an excerpt of the original content. To continue reading it, access the original document here. |