PGAS - Targeting revenue of USD140 mn by 2023
The state gas company's (PGAS) revenue target is obtained from the operation of the Rokan oil pipeline in Riau in 2023. The contribution is through a 367 km pipeline that is already fully steamed. This year, the company estimates that the Rokan pipeline will contribute up to USD30 mn, which is expected to be an addition to pertagas' oil transportation segment. For 2023, the company is also focusing on gasification of refineries and power plants. (Source : Kontan)