Transasia Pipeline Company, a joint venture of four companies, has signed a share sale and purchase agreement (SSPA) to acquire a 40% equity stake in PT Transportasi Gas Indonesia (Transgasindo), which owns and operates two Indonesian gas pipelines. Transgasindo was established by Indonesian state PT Perusahaan Gas Negara (Persero) (PGN) to own and operate two…
INDONESIA: SPC, Petronas and others take 40% stake in Indonesian gas pipelines
Posted on September 13, 2002 by EnergyAsia