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Download COMPANY PROFILE - Perusahaan Gas Negara

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TIMELINE<br />

1859<br />

Private Dutch company,<br />

Firma L.I. Enthoven<br />

established.<br />

1965<br />

State company,<br />

<strong>Perusahaan</strong> <strong>Negara</strong> <strong>Gas</strong><br />

(PN-<strong>Gas</strong>) established.<br />

1984<br />

PN-GAS converted into<br />

public service enterprise,<br />

<strong>Perusahaan</strong> Umum <strong>Gas</strong><br />

<strong>Negara</strong>.<br />

1996<br />

Becomes a limited liability<br />

company with exclusive<br />

license to develop and<br />

distribute gas in Indonesia.<br />

1998<br />

536 km Grissik - Duri<br />

transmission pipeline<br />

completed.<br />

2003 2006<br />

Listed on Jakarta<br />

Stock Exchanges,<br />

trading as ‘PGAS’.<br />

Grissik – Batam – Singapore<br />

pipeline completed.<br />

approaching five decades<br />

of serving the country<br />

2011<br />

South Sumatera - West Java<br />

(SSWJ) pipeline inaugurated by<br />

President of Indonesia and<br />

Prime Minister of Japan.<br />

Launch of new corporate identity<br />

as part of the transformation into<br />

a world-class energy solution<br />

provider.<br />

About PGN<br />

PGN has more than a century and a half’s experience in<br />

the gas industry and are expert in the safe handling and<br />

distribution of gas.<br />

PGN started life in 1859 as a privately owned Dutch<br />

company called Firma L.I. Enthoven, later coming under<br />

Government control and eventually emerging as a state<br />

company, named <strong>Perusahaan</strong> <strong>Negara</strong> <strong>Gas</strong>, in 1965. Further<br />

transformation saw its status change to a limited liability<br />

company owned by the state, and then to a public company<br />

with its shares listed on the Indonesia Stock Exchanges.<br />

Today PGN is part state-owned, financially strong and<br />

professionally managed, with good corporate governance.<br />

Focusing on transportation and distribution of natural gas,<br />

PGN connects Indonesia’s natural gas sources with users,<br />

bringing previously underutilized energy to major markets, as<br />

well as having the expertise, the ability and the motivation to<br />

look beyond transportation and distribution to integrate up<br />

or down the supply chain, securing new sources of energy<br />

to meet customers’ long-term needs.

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