#1BUMN UNTUK INDONESIA Energizing The Nation PRESENTASI INVESTOR KONSOLIDASIAN 12M-2023 (Audited) INVESTOR PRESENTATION CONSOLIDATED 12M-2023 (Audited) www.pgn.co.id YUSTE 150 WCE PERTAMINA GAS NEGARA ww PERTAMINA CALL CENTER 135#2PERTAMINA GAS NEGARA Sangkalan & Batasan Tanggung Jawab Laporan ini berisi pernyataan-pernyataan yang dapat dianggap sebagai pandangan masa depan sehingga hasil-hasil nyata Perseroan, pelaksanaan atau pencapaian- pencapaiannya dapat berbeda dari hasil yang diperoleh melalui pandangan masa depan yang antara lain; merupakan hasil dari perubahan-perubahan ekonomi dan politik baik nasional maupun regional, perubahan nilai tukar valuta asing, perubahan harga, permintaan dan penawaran pasar komoditas, perubahan kompetisi perusahaan, perubahan undang-undang atau peraturan dan prinsip-prinsip akuntansi, kebijakan-kebijakan dan pedoman-pedoman serta perubahan-perubahan asumsi-asumsi yang digunakan dalam membuat pandangan masa depan (forward looking statements). Dalam Laporan ini, nama PT Perusahaan Gas Negara Tbk disingkat "PGN", Penulisan "Perusahaan", "PGN Grup", "Subholding Gas", Pertamina Gas Negara, atau “Perseroan” diasosiasikan kepada PT Perusahaan Gas Negara Tbk. Notasi angka dalam Laporan ini menggunakan kaidah penulisan dalam Bahasa Indonesia. Disclaimer & Limitation of Liability This report contains statements that may be considered forward- looking, thus the Company's actual results, performance or achievements may differ from those obtained through forward looking statements; which, among other things, are results from national and regional economic and political changes, changes in foreign exchange rates, prices, demand and supply of commodity markets, changes in corporate competition, changes in laws or regulations and accounting principles, policies and guidelines, as well as changes in assumptions used in making the forward looking statements. In this document, PT Perusahaan Gas Negara Tbk is abbreviated into "PGN", "the Company", "PGN Group", "Subholding Gas", "Pertamina Gas Negara". The terms are associated with PT Perusahaan Gas Negara Tbk. Number annotation in this Annual Report applies the writing rules applicable in Indonesian language. 2#3Daftar Isi | Table of Contents Profil Perusahaan Subholding Gas Komposisi Dewan Komisaris dan Direksi Ikhtisar Kinerja 12M-2023 Kinerja 12M-2023 Kinerja Operasional Kinerja Keuangan Investasi & Proyek Strategis 1 2 Gasifikasi Kilang Minyak 3 Jargas Rumah Tangga LNG Hub Arun (Revitalisasi Tangki F-6004) Proyek Biomethane Corporate Guidance 2024 4 Company Overview The Gas Subholding BOC and BOD Composition 12M-2023 Performance Highlights 12M-2023 Performance Operational Performance Financial Performance Strategic Projects & Investment Oil to Gas Conversion for Refineries City Gas Projects LNG Hub Arun (Revitalization of Tank F-6004) Biomethane Project 2024 Corporate Guidance PERTAMINA GAS NEGARA 3#4BUMN UNTUK INDONESIA Energizing The Nation Profil Perusahaan Company Overview YUSTE 150 WCE PERTAMINA GAS NEGARA ww#5Subholding Gas | The Gas Subholding Visi | Vision Menjadi Perusahaan Gas Nasional 1 Seri A Share Terkemuka dan Terpercaya Berstandar Kelas Dunia dalam Penyediaan Infrastruktur Pemanfaatan Gas Bumi. dan To Be The Leading National Gas Company with Global Credibility Standard in Providence of Natural Gas Infrastructure and Utilization. PERTAMINA 56.96% PERTAMINA GAS NEGARA Public 43.04% Organizational Structure Direktorat Utama President Director Office PERTAMINA GAS NEGARA Direktorat Strategi dan Pengembangan Bisnis Directorate of Strategy & Business Development Direktorat Infrastruktur dan Teknologi Directorate of Infrastructure and Technology Direktorat Sales dan Operasi Directorate of Sales and Operations Direktorat Keuangan dan Manajemen Risiko Directorate of Finance and Risk Management Direktorat SDM dan Penunjang Bisnis Directorat of HR and Business Supports Head Office Area Penjualan dan Operasi Sales and Operations Region 1 Area Penjualan dan Operasi Sales and Operations Region 2 Area Penjualan dan Operasi Sales and Operations Region 3 Regional Area Penjualan dan Operasi Sales and Operations Region 4 PERTAMINA GAS NUSANTARA REGAS PGN 51% PERTAMINA : 49% : PGN PERTAMINA : 60% : 40% Misi | Mission Menjalankan bisnis gas di bidang midstream, downstream, dan usaha pendukung lainnya yang berkomitmen untuk meningkatkan nilai bagi seluruh pemangku kepentingan dengan melakukan: Niaga gas bumi dan LNG sebagai 1. Conducting midstream and downstream gas business and other supporting business in commitment to increase the value for stakeholders through: 1. Natural Gas and LNG trading as a driver of national economic growth based on solid commercial principles. penggerak pertumbuhan ekonomi nasional berdasarkan prinsip-prinsip komersial yang kuat. 2. 2. Penyediaan infrastruktur gas bumi dan LNG secara terintegrasi. 3. 3. Pengusahaan kegiatan jasa pendukung penyediaan infrastruktur dan pemanfaatan gas bumi melalui pemilihan teknologi yang tepat guna. 4. 4. Pengembangan bisnis melalui pemanfaatan gas bumi untuk industri Providence of integrated Natural Gas and LNG infrastructure. Supporting business in provision of natural gas infrastructure and utilization through selection of appropriate technology. Business development through natural gas utilization for gas-based industries and its derivatives. The Gas Subholding Group pgn SAKA PGN PGASOL : power to discover : 99,997% 0,003% pgn PGN GAGAS: LNG bom to make it happen Pgn GAGAS PGN PGASOL: 99,999% 0,001% Bentang Energi Indonesia Ltd PLI 75% SElnv : 25% PT Pedoma Global PLI Neo Energi : 30% PT Padoma: 70% PT Lamong Nusantara Gas PLI PT PEL : 51% 49% brings energy to you : 99,877% 0,123% PT Widar Mandripa Nusantara 99,996% PERTAMINA GAS NEGARA pgn PGN PGASOL : pgn SOLUTION action for excellence : 99,91% PGN YKPP : 0,09% Nusantara 99,9% COM always reliable : 99,929% 0,071% pgn MAS commitment to service PGN PGASOL : : 99,989% 0,011% PT Solusi Energy PT Telemedika Dinamika Sarana PT Kalimantan 90% Jawa Gas 80% PT Permata Karya Jasa 60% IP PGAS International Nusantara Pte. Ltd. 100% PHE berbasis gas dan turunannya. PT Perta Samtan Gas PERTAGAS : 66% Samtan Co Ltd: 34% PT Perta Daya Gas PERTAGAS 65% : 35% PT Pertagas Niaga PERTAGAS 99% 1% PT Perta Arun Gas PERTAGAS : 90% PTGN 10% PT Perta Kalimantan Gas PERTAGAS : 70% PMGI 30% Transgasindo PGN YKPP Transasia: : : 59,87% 0,13% 40% 5#6Portfolio Bisnis | Business Portfolio UPSTREAM Cadangan gas bumi di Indonesia lebih besar dari cadangan minyak bumi. Saka Energi Indonesia adalah anak perusahaan PGN yang memiliki kegiatan usaha di bidang hulu minyak dan gas bumi. Natural gas reserves in Indonesia are larger than oil reserves. Saka Energi Indonesia is a subsidiary of PGN that has business activities in the upstream business. LNG LNG DOWNSTREAM PERTAMINA GAS NEGARA Gas Transport Module (Gas Link) Gas Link adalah solusi untuk penyaluran gas bumi ke lokasi yang tidak terkoneksi dengan pipa gas. Gas Link is a solution for chanelling natural gas to location that are not connected to a gas pipeline. Mobile Refueling Unit (MRU) MRU adalah solusi untuk stasiun pengisian bahan bakar gas untuk sektor transportasi menggunakan teknologi CNG. MRU is the solution for natural gas filling station for transportation using CNG technology. SPBG BAKERY 00000000 00000000E EILLEULD RESTAURANT pgn Pelanggan Komersial | Commercial Customer Efisiensi dan kehandalan adalah faktor penting dalam menyalurkan energi kepada pelanggan komersial. PGN dapat memenuhi kebutuhan tersebut. Efficiency and reliability are important factors in distributing energy to commercial customers. PGN in can meet those needs. SPBG | Gas Fueling Station Entitas Anak, Gagas Energi Indonesia mengoperasikan SPBG di 11 kota di Pulau Jawa dan Sumatera. Subsidiary, Gagas Energi Indonesia operates 16 Gas Filling Stations in 11 cities in Java and Sumatera. MIDSTREAM FSRU PGN mengoperasikan pipa transmisi (melalui TGI, KJG, dan Pertagas) dan fasilitas regasifikasi LNG dengan kehandalan infrastruktur yang tinggi. Melalui FSRU dan Land Based Regasification Facility, LNG diubah menjadi gas bumi. PGN memiliki 2 (dua) FSRU yaitu FSRU Lampung dan FSRU Jawa Barat serta 1 (satu) fasilitas Regasifikasi darat di Arun melalui Pertagas. PGN operate transmission pipelines (through TGI, KJG, and Pertagas) and LNG regasification facilities with a high availability infrastructure. FSRU Converts LNG into natural gas. PGN has 2 (two) FSRUS namely FSRU Lampung and FSRU West Java and also land based regasification facility in Arun through Pertagas. Pembangkit Listrik | Power Plants Pembangkit Listrik berbahan bakar gas bumi lebih ramah lingkungan dibandingkan menggunakan bahan bakar minyak atau batu bara. Gas-fired power plant is more environment friendly compared to oil or coal. Pelanggan Rumah Tangga Household Customer PGN telah menyalurkan gas pelanggan rumah tangga di 67 Kota/Kabupaten se- Indonesia. PGN has distributed gas household customers in 67 cities/regencies all over Indonesia. Sektor Industri | Industrial Sector Pertumbuhan Indonesia didorong oleh pertumbuhan sektor industrinya. PGN terus berupaya mendorong efisiensi penggunaan bahan bakar dengan mendistribusikan gas bumi ke berbagai kawasan industri di Indonesia. Indonesia's growth is driven by the growth of its industrial sector. PGN continues trying to encourage fuel usage efficiency by distributing natural gas to various industrial area in Indonesia.#7Wilayah Operasi, Aset & Infrastruktur Business Area, Assets & Infrastructures Arun Arun Regasification Terminal wiedan SUMATERA Legend PGN Pipelines PTG pipelines Future pipelines PGN' FSRUS PGN' Distribution Area PTG Processing Plant Pekanbaru Jambi Palembang Bandar Lampung LPG Gas Processing FSRU Lampung KALIMANTAN FSRU Jawa Barat Jakal Bandu Semarang JAVA Jaringan Pipa | Pipeline Network Total panjang jaringan pipa | Total pipeline network: ± 12.692 km Pipa Gas | Gas Pipeline: ± 12.087 km Pipa Minyak | Oil Pipeline: ± 605 km Tarakan Bontang Samarinda Balikpapan CNG Compressing EASTERN INDONESIA SULAWESI MALUKU PAPUA Sorong Infrastruktur Gas | Gas Infrastructure . 2 FSRUS + 1 land-based regasification terminal • 12 SPBG (Gas Fuelling Stations), 4 MRUS 2 LPG processing plant (stripping & compression) Aset Hulu | Upstream Assets Total Aset | Total assets 11 blok/blocks (6 blocks operation, 5 blocks exploration) PERTAMINA GAS NEGARA 7#8Komposisi Dewan Komisaris | BOC Composition Komposisi BoC dan BoD per 14 November 2023 (Keputusan RUPS Luar Biasa Tahun 2023) | BoC and BoD Composition as of 14 November 2023 (Resolutions of EGMS 2023) PERTAMINA GAS NEGARA Amien Sunaryadi Komisaris Utama dan Komisaris Luky Alfirman Warih Sadono Dini Shanti Purwono President Commissioner and Independen Independent Commissioner Komposisi Direksi | BOD Composition Komisaris Commissioner Komisaris Commissioner Komisaris Independen Independent Commissioner Christian H. Siboro Komisaris Independen Independent Commissioner Abdullah Aufa Fuad Komisaris Independen Independent Commissioner Arief S. Handoko Direktur Utama President Director Fadjar Harianto Widodo Direktur Keuangan dan Manajemen Risiko Director of Finance and Risk Management Beni Syarif Hidayat Direktur SDM dan Penunjang Bisnis Director of HR and Business Support Rosa Permata Sari Direktur Strategi dan Pengembangan Bisnis Director of Strategy and Business Development Ratih Esti Prihatini Direktur Sales dan Operasi Director of Sales and Operations Harry Budi Sidharta Direktur Infrastruktur dan Teknologi Director of Infrastructure and Technology 8#9Ikhtisar Kinerja 12M-2023 | 12M-2023 Performance Highlights USD 3.646 USD 278 USD 1.086 Juta | Million (-15% YoY) Juta | Million (-11% YoY) USD 6.599 Juta | Million Juta | Million (+2% YoY) Pendapatan Revenue Laba Bersih Net Profit EBITDA USD 232 Juta | Million Total Aset Total Assets Belanja Modal CAPEX 923 BBTUD (+3% YoY) Niaga Gas Gas Sales 92% Pangsa Pasar Niaga Gas Gas Sales Market Share 12.692 KM 100% (+1.167km) Jaringan Pipa Pipeline Network Ketersediaan Jumlah Pelanggan Number of Customers Jaringan 3.103 Industri & Infrastructure 11 Komersial 1.976 Pelanggan Kecil Availability 24h Industries & Small Commercials Businesses PERTAMINA GAS NEGARA ים. 825.856 Rumah Tangga Households 9#10BUMN UNTUK INDONESIA Energizing The Nation Kinerja 12M-2023 12M-2023 Performance YUSTE 150 WCE PERTAMINA GAS NEGARA ww#11(MMSCFD) BBTUD Kinerja Operasional | Operational Performance +3% Niaga Gas | Gas Sales Konsumsi Pelanggan Industri terhadap Niaga Gas Industrial Consumption to Gas Sales Sumber Gas | Gas Sources (per as of 31 Dec 2023) PERTAMINA GAS NEGARA Harga Gas PGN vs Energi Lain PGN's ASP vs Other Energy (USD/MMBTU) PGN's Avg Gas Price 7,63 0% 22% Pembangkit Listrik | Power Plant 31% 33% Kimia | Chemical Coal (Batubara) 4,67 LPG - 12 kg 24,59 Keramik | Ceramic 69% MFO 33,46 5% 896 923 Makanan | Food 7% Pupuk | Fertilizer 100% HSD 37,99 8% 15% Pabrikan Metal | Fabricated Metal Lainnya | Others Piped Gas 8% LNG Pertamina Group Non-Pertamina Group RON 90 (Pertalite) 17,43 ICP 13,52 Per as of 31 Dec 2023 12M22 12M23 Transmisi Gas Gas Transmission +8% 1.458 1.349 BBTUD Volume TUA | TUA Volume FSRU Lampung 29 +86% 54 12M22 12M23 12M22 12M23 Iktisar Kinerja | Business Highlights ■ Peningkatan volume niaga gas YoY didorong oleh peningkatan volume pemakaian gas oleh pelanggan industri, komersial dan rumah tangga seiring dengan penambahan pasokan dari lapangan Jambaran Tiung Biru (JTB) Higher gas sales volume on YoY basis was mainly driven by the increasing gas usage by the industry, commercial, and household sectors due to additional supply from JTB. Peningkatan volume transmisi YoY terutama dikontribusikan dari peningkatan penyaluran gas seiring dengan peningkatan demand dan mengalirnya gas bumi dari lapangan JTB melalui pipa transmisi Gresik-Semarang. Higher gas transmission volume on YoY basis mainly driven by increasing gas delivery due to higher demand and gas transporting from JTB through Gresik-Semarang transmission pipeline. Peningkatan penyaluran gas bumi YoY melalui Kontrak Terminal Usage Agreement (Kontrak TUA) FSRU Lampung seiring dengan peningkatan kebutuhan pelanggan dan optimasi FSRU Lampung. Increasing distribution of natural gas through the FSRU Lampung Terminal Usage Agreement Contract (TUA Contract) to meet the customer's demand and to optimize FSRU Lampung. 11#12Mechanix Mechani Kinerja Operasional | Operational Performance PERTAMINA NORMAL MMBOE Lifting Migas Oil and Gas Lifting -13% 10,5 9,2 12M22 12M23 MMBOE Iktisar Kinerja | Business Highlights Transportasi Minyak Oil Transportaion +305% 56,9 BBTUD Regasifikasi LNG LNG Regasification Pemrosesan LPG LPG Processing +10% 158 144 TON -21% 49.034 38.782 14,0 12M22 12M23 12M22 12M23 12M22 12M23 ■ Pencapaian volume lifting YoY terutama dipengaruhi oleh penurunan produksi dan lifting dari Blok Pangkah, Bangkanai, Muara Bakau dan Muriah. ■ Lifting volume on YoY basis was mainly contributed from lower production and lifting from Pangkah., Bangkanai, Muara Bakau and Muriah Peningkatan volume transportasi minyak YoY didorong oleh peningkatan penyaluran minyak melalui pipa Rokan dan non Rokan Higher oil transportation volume on YoY basis was mainly driven by the increasing oil transporting through Rokan and non- rokan oil transmission pipeline Peningkatan volume regasifikasi YoY terutama disebabkan kenaikan permintaan regasifikasi di LNG Hub Arun. Increasing regasification volume on YoY basis primarily affected by the higher regasification demand at LNG Hub Arun. ■ Pencapaian volume pemrosesan LPG YOY disebabkan penurunan feed gas dan adanya aktifitas unplanned maintenance di LPG ENP Plant serta penyesuaian produksi. LPG processing volume was mainly impacted by lower feed gas as well as unplanned maintenance activities at LPG ENP Plant and production adjustment. 12 PERTAMINA GAS NEGARA#13Kinerja Keuangan | Financial Performance Laba/Rugi Konsolidasian | Consolidated Income Statement 3.569 3.646 2.913 2.788 (US$ Juta | US$ Million) 781 734 592 542 326 278 12M22 (Audited) 12M23 (Audited) 1.219 1.086 Pendapatan Revenues Beban Pokok Pendapatan Cost of Revenues Laba Bruto Gross Profit Laba Operasi Operating Profit Laba Bersih EBITDA* Net Profit Kontribusi Pendapatan Revenue Contribution Kontribusi EBITDA EBITDA Contribution 12% 12% 76% Niaga Gas & Transmisi/ Gas Sales & Transmission Niaga &Transmisi Gas dan Lainnya/ Gas Trading & Transmission and Others 29% Hulu/Upstream Lainnya/Others Hulu/Upstream 71% PERTAMINA GAS NEGARA ■ Kenaikan Pendapatan Konsolidasi YoY terutama didorong oleh kenaikan kinerja dari segmen bisnis niaga gas, transmisi gas, transportasi minyak, regasifiksai dan segmen bisnis lainnya. Pencapaian Laba Bersih Konsolidasi YoY terutama disebabkan adanya penurunan rata-rata ICP, peningkatan beban pokok pendapatan, penurunan bagian laba dari ventura bersama, dan adanya provisi terkait sengketa pajak. Pencapaian EBITDA Konsolidasi terutama dikontribusikan dari penurunan laba operasi segmen bisnis upstream dan niaga gas. Increasing Revenues YoY was mainly driven by higher contribution from gas trading, gas transmission, oil transportation, regasification and other business segments. ■ Consolidated Net Profit YoY mainly due to a decrease in the average of ICP, increase in cost of revenues,, decrease in share of profit from joint venture and provision of tax disputes. ■ Consolidated EBITDA YOY mainly contributed by the decrease in operating profit of upstream business segment and gas trading. *) Memperhitungkan Laba/Rugi Selisih Kurs dan Profit dari Ventura Bersama Taking into account Profit/Loss on Foreign Exchange and Profit from Join Venture 13#14Kinerja Keuangan | Financial Performance Posisi Keuangan Konsolidasian | Consolidated Financial Position (US$ Juta | US$ Million) Posisi Keuangan TOTAL ASET TOTAL LIABILITAS TOTAL EKUITAS Belanja Modal | CAPEX (US$ Juta | US$ Million) 31 Dec 2022 (Audited) 31 Dec 2023 Financial Position (Audited) 431 38% 7.195 6.599 TOTAL ASSETS 3.753 3.059 TOTAL LIABILITIES 232 215 19% 37% 3.442 3.540 TOTAL EQUITY 62% 81% 63% Arus Kas Konsolidasian | Consolidated Cashflow PERTAMINA GAS NEGARA Upstream Downstream & Others PGN mengedepankan prinsip kehati-hatian dalam menjalankan rencana investasinya di tengah kondisi yang penuh tantangan. PGN puts forward prudent principle in carrying out its investment plans amidst challenging conditions. (US$ Juta | US$ Million) Arus Kas 31 Dec 2022 (Audited) 31 Dec 2023 (Audited) Cashflow FY22 FY23 12M23 Target Kas Setara Kas Awal Periode 1.503 1.448 Beginning Balance Arus Kas dari Aktifitas Operasi 970 724 Cash flow from operating Rasio Keuangan | Financial Ratios Arus Kas dari Aktifitas Investasi 30 (58) Cash flow from investment Arus Kas dari Aktifitas Pendanaan (996) (878) Cash flow from financing Rasio Keuangan | Financial Ratios 31 Dec 2022 EBITDA Margin 31 Dec 2023 34% 30% Pengaruh Perubahan Kurs (60) 9 Kas Setara Kas Akhir Periode 1.448 Foreign Exchange Impact 1.245 Ending Balance EBITDA /Interest Expense (x) Debt-to-Equity* (x) 9,2 11,1 0,6 0,4 Arus Kas Konsolidasian merefleksikan posisi arus kas Perseroan yang kuat terutama didorong dari arus kas operasi yang positif selain adanya pembayaran buyback bond dan dividen Consolidated Cashflow reflecting strong cashflow position mainly driven by positive operating cashflow despite the payment od bond buyback and dividen. *interest bearing debt 14#15BUMN UNTUK INDONESIA Energizing The Nation Investasi & Proyek Strategis Strategic Projects & Investment (per 31 Dec 2023 | as of 31 Dec 2023) YUSTE 150 WCE PERTAMINA GAS NEGARA ww#16Gas Transportation for Refineries Senipah-RU V Balikpapan PGN melalui Anak Perusahan, PT Pertamina Gas, telah menyelesaikan pembangunan Pipa Gas Senipah - RU V Balikpapan. Pipa dengan diameter 20" sepanjang 78,75 km telah terpasang 100% dan dilakukan commissioning pada 27 Desember 2023. PGN, through its subsidiary, PT Pertamina Gas, has completed the construction of the Senipah - RU V Balikpapan. The pipe with a diameter of 20" with a length of 78,75 km has been 100% installed and commissioned on December 27, 2023. Senipah - Balikpapan Gas Transmission Pipeline Operation Volume Pipeline Length/Diameter Capacity December 2023 PERTAMINA GAS NEGARA 53-58 MMSCFD 78,75 km/20" 125 MMSCFD ~USD 30 million p.a. (lumpsum scheme) Commissioning (27 December 2023) Expected Revenue RU V Balikpapan GAS IN PIPA GAS SENIPAH-BALIKPAPAN 16#17Proyek Jargas | City Gas Project • Medan Deli Serdang • Dumai ⚫ Palembang · Bandar Lampung Batam • Semarang ⚫ Yogyakarta Cilegon • Gresik Tangerang Tangerang Selatan Karawang • Surabaya • Sidoarjo SOR I JARGAS PSI • Mojokerto • Jakarta (APGN) • Pasuruan Kota & Kab Bogor Bekasi 2021-2023 Sleman SOR II SOR III • Lamongan • Kota & Kab Cirebon • Banggai Sorong Total 290.400 SR/connections (2023A) 16 Area Penjualan (Sales Area) 36 kota/kabupaten (cities/regencies) Konstruksi/Constructions progress 72% PERTAMINA GAS NEGARA Remarks Sales Area Program Sayang ibu (PSI) FSRU 17#18LNG Hub Arun (Revitalisasi Tangki F-6004) | LNG Hub Arun (Revitalization of Tank F-6004) LNG LNG - Berdasarkan hasil analisa pasar, terdapat potensi kebutuhan tangki LNG di Asia Pasifik s.d 3 tangki. Based on market research, there is a potential need for LNG tanks in Asia - Pacific up to 3 tanks. Terminal LNG Arun terletak di jalur perdagangan yang strategis dan dekat dengan pasar LNG yang sedang berkembang di Asia Tenggara dan Asia Selatan. Arun LNG Terminal is located on a strategic trade route and close to the emerging LNG markets in Southeast Asia and South Asia. Terminal LNG Arun memiliki aspirasi untuk menjadi LNG Hub leader di Asia. Salah satu tahap awal adalah dengan revitalisasi tangki F-6004 yang saat ini dalam status tidak digunakan sejak tahun 2004. Arun LNG Terminal aspires to become the LNG Hub leader in Asia. The initial stages is through the revitalization of the F-6004 tank which has not been used since 2004. Cameron, USA Sabine Pass, USA Asia Idku, Egypt Bangladesh Myanmar India Legend: LNG Hub Market LPG Hub Market Sri Lanka Sayo, Angola Thailand Malaysia Philiphine Australia • PERTAMINA GAS NEGARA DESAIN | DESIGN Design capacity: 127.000 m³ Target Operation: Q1 2025 Scope: Revitalization LNG Tank F-6004 Modification Bottom Filling Re-activation compressor system K-2501B Modification of Berth 2 for Small Scale LNGC STATUS | PROGRESS Penunjukan pemenang untuk paket EPC non-tank dan sedang dalam tahap Pengadaan paket EPC tank. Award for non-tank EPC Package and on-progress EPC tender for tank package. 18#19Proyek Biometana | Biomethane Project GHG Savings Value #1 Carbon Credit Verified Carbon Standard A VERRA STANDARD Biomethane is one of future green energy business in Pertamina to support net zero emission by 2060 Pertamina is committed to support Indonesia government commitment to achieve Net Zero by 2060 or sooner by developing roadmap of asset decarbonization and green business building Avoid Methane Leakage to Atmospher PERTAMINA GAS NEGARA GHG Savings Value #2 BioCertificate CO2 from Bio-methane Combustion ISCC International Sustamblity Carbon Certification Palm Oil Mill POME Biomethane Plant Biogas Fermenter Bio CNG Transport Gas Pipeline Upgrading & Compression Gasing Pipeline Injection Facility PERTAMINA Konsorsium Jepang Gas Pipeline (Transmission & Distribution) PERTAMINA GAS NEGARA GAS NEGARA Local Customer • • • Joint Study antara PGN pengembangan biomethane. DESAIN | DESIGN bersama dengan Konsorsium Jepang terkait Joint Study of biomethane development between PGN and Japan Consortium. Business Model: PGN dan Konsorsium membentuk Joint Venture Company untuk pendirian Biomethane Plant ("JV"). JV kemudian membawa Biomethane ke injection point di Stasiun Gas Pagardewa. Selanjutnya PGN membawa biomethane tersebut melalui pipa SSWJ dan pipa distribusi ke pelanggan yang ingin menggunakan Biomethane. PGN and Consortium will establish a Joint Venture Company for Biomethane Plant ("JV"). The JV then brought Biomethane to the injection point at Pagardewa Gas Station which is the handover point between PGN and the JV. PGN then brings the biomethane through SSWJ pipeline and distribution pipeline to customers in Sumatera, Java, and Batam Area. Estimated Demand: 1,2 - 5,2 MMSCFD • STATUS | PROGRESS Studi Kelayakan Pemanfaatan Biomethane dari Palm Oil Mill Effluent (POME) Sebagai Upaya Dalam Reduksi Emisi Karbon di Indonesia dan Studi Kelayakan Pembangunan Fasilitas Injection Point di Area Stasiun Gas Pagardewa pada Februari 2023. Feasibility Study on Utilization of Biomethane from Palm Oil Mill Effluent (POME) as an Effort to Reduce Carbon Emissions in Indonesia and Feasibility Study for The Construction of Injection Point Facility in Pagardewa Gas Station on February, 2023. Penandatanganan HoA dengan Konsorsium pada 11 Agustus 2023. HoA with Consortium has been signed on August 11, 2023. FEED Injection Point Biomethane telah selesai pada Oktober 2023. FEED Injection Point Biomethane has been done on October, 2023. Telah ditandatanganinya LOI non binding dengan calon pelanggan. LOI non binding with potential customer. FEED Biomethane Plant dalam proses penyusunan oleh konsultan. The Consultant are preparing the FEED Biomethane Plant. Benefit for Customer : 1. Green Loan 2. Target Carbon Reduction 3. Incentive for export 4. Subsidies from Japan Government 19#20BUMN UNTUK INDONESIA Energizing The Nation 2024 Corporate Guidance YUSTE 150 WCE PERTAMINA GAS NEGARA ww#212024 Corporate Guidance Operating Metrics Gas Trading (BBTUD) PERTAMINA GAS NEGARA Gas Transmission (MMSCFD) TUA Volume (BBTUD) Regasification (BBTUD) Oil and Gas Lifting (MMBOE) Oil Transportation (MMBOE) LPG Processing (Thousand Ton) +45% +22% +2% +3% +9% +4% +92% -7%) -20% -8% +31% -2% -11% +13% 939 923 954 1.391 1.458 1.516 26 54 54 192 10,5 56,9 55,5 49 49 50 158 9,2 8,4 132 42,5 44 39 FY23 FY23A FY24 Target FY23 Target Target FY23A FY24 Target FY23 FY23A FY24 FY23 FY23A FY24 Target Target Target Target FY23 FY23E Target FY24 Target FY23 FY23A FY24 Target FY23 FY23A FY24 Target Target Target Key Assumptions Est. Capex (US$ Million) Economic Growth 5,2% HSSE & Sustainability Target Inflation Rate 2,8% 431 232 361 Exchange Rate (Rp/US$) Oil Price (ICP) 15.000 US$82/barrel 62% 63% 63% Upstream Downstream & Others 38% 37% 37% FY23 Target FY23A FY24 Target Number of Accident (NOA) 0 Emission Reduction (Ton CO2eq)* *GHG Scope 1 and Scope 2 1.205 Security of supply and demand Emergence of new competition Key Challenges Slow growth in infrastructure connectivity Tightening regulations Weakening US$ against Rp Volatility in crude price 21#22BUMN UNTUK INDONESIA Energizing The Nation Terima Kasih | Thank You Kantor Pusat | Headquarter JI. K.H. Zainul Arifin No. 20, Jakarta, Indonesia Hubungan Investor | Investor Relations PT Perusahaan Gas Negara Tbk Gedung A 4th Floor JI. KH Zainul Arifin No. 20, Jakarta, Indonesia Email: PGN.Investor [email protected] URL: https://ir.pgn.co.id/ Phone: +62 21-39735233 YUSTE 150 WCE PERTAMINA GAS NEGARA ww