Salamander Energy has agreed a 20-year gas supply contract with Indonesian state-owned power company, PT PLN (Persero), at a price of $4.79 per thousand Btu (MBtu), the company said on Tuesday.
The gas will be supplied from the Kerendan gas field in the Bangkanai licence, onshore Kalimantan - the Indonesian portion of the Borneo Island. The total contract volume is 130 trillion Btu, divided into a daily contract quantity of 16.2 billion Btu per day. The volumes will rise to 20.3 Mbtu per day by 31...
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