Mubadala Energy and PLN EPI to boost Indonesia's energy resilience

Mubadala Energy and PLN Energi Primer Indonesia (PLN EPI), a subsidiary of Indonesia’s energy and electricity supplier, have signed a Heads of Agreement (HoA) to supply gas from its gas fields in the Andaman Sea. This framework marks a significant milestone for Indonesia’s energy sector.

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Through this proposed partnership, Mubadala Energy and PLN EPI will work together to enhance Indonesia’s energy resilience and reinforce national energy security by reducing the reliance on LNG and developing sustainable solutions to address growing domestic demand.

The HoA provides the foundations for prioritising energy supply for North Sumatra and Aceh, including leveraging the potential of the Tangkulo gas field, which lies roughly 65 kilometres offshore North Sumatra, with over 2 Trillion Cubic Feet (TCF) of gas-in-place.

Abdulla Bu Ali, President Director of Mubadala Energy Indonesia, commented, “This agreement reflects our unwavering commitment to Indonesia’s energy future. By partnering with PLN EPI, we aim to deliver reliable and sustainable energy solutions that meet domestic needs and strengthen national energy security. This is also an important step for our development plans of the Tangkulo gas project in the South Andaman Sea.”