Risco Energy, Chart in Indonesian LNG equipment pact

Singapore-based independent Risco Energy has teamed up with US LNG equipment maker Chart Industries to support the growing Indonesian gas-to-power sector.

The duo signed the pact in the second quarter of this year.

Under the deal, Chart will provide LNG equipment such as storage tanks, ISO containers, trailers, mobile equipment, and fueling stations.

Risco is an active gas infrastructure provider to PT Perta Gas Niaga, a unit of Indonesian state-owned energy firm Pertamina.

The two have cooperated since 2018 to supply gas infrastructure for the state power company’s PLN requirements.

These include locations in Kalimantan, Central and Eastern Indonesia.

Risco said in a statement the new deal comes as a response to Pertamina’s and PLN plans to boost gas power across the island nation.

The company says Chart’s equipment would allow it to meet the growing demand and offer distribution packages to its customers.

The firm plans to buy hundreds of Chart’s logistic support tanks over the next two years.

The purchase plans also include “large volumes” of ground storage tanks, it said.

Risco already operates LNG logistic facilities at Sambera in East Kalimantan and has previously conducted deliveries to Papua.

Sambera hosts a small-scale storage and regasification plant which receives fuel by trucks from Pertamina’s Bontang LNG terminal.

Risco delivered over 1 million mmbtu of LNG in ISO tanks to PLN in the first year of operations at Sambera, it said.

- Advertisements -

Most Popular

Golden Pass LNG to ramp up construction activities after Zachry deal

QatarEnergy and ExxonMobil will ramp up construction activities at the Golden Pass LNG export terminal in Texas after a...

Hudong-Zhonghua confirms TotalEnergies order for LNG bunkering vessel

China’s Hudong-Zhonghua said it had secured an order to build one 18,600-cbm LNG bunkering vessel for French energy giant...

India was top destination for US LNG cargoes in May

India was the top destination for US liquefied natural gas cargoes in May, as Asia overtook Europe as the...

More News Like This

Argent LNG selects Chart’s liquefaction tech

Argent LNG has selected LNG equipment maker Chart Industries to supply its mid-scale modular liquefaction solution for the planned...

Chart scores Cedar LNG gig

US-based LNG equipment maker Chart Industries has secured an order from compatriot engineer Black & Veatch to supply the...

Chart and GasLog in LH2 pact

US-based LNG equipment maker Chart Industries will collaborate with Greek LNG shipping firm GasLog to study the development of...

Chart bags new LNG contracts

US-based Chart Industries has booked multiple liquefied natural gas (LNG) orders for its equipment. Chart said in a statement issued...