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Indonesia Signs Swap Deals to Ensure Domestic Gas Supply

Summary by Oil Price
Indonesian natural gas producers have signed a multi-party gas swap agreement with Indonesian and Singaporean traders aimed at increasing gas supply security in western Indonesia. As gas production in Sumatra in western Indonesia is falling, local companies and regulators looks to redirect domestic gas supply to meet local demand while selling overseas gas from other areas. In a deal signed on Wednesday, Indonesian gas producer Medco Energi Inte…

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SINDOnews.com broke the news in on Wednesday, May 21, 2025.
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