#1BUMN UNTUK INDONESIA www.pgn.co.id 5 Energizing Your Life Presentasi Investor Konsolidasian 9M-2023 Investor Presentation Consolidated 9M-2023 PERTAMINA CAS NEGARA PERTAMINA GAS NEGARA AULANA PERTAMINA GAS NEGARA My#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 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 1 Profil Perusahaan | Company Overview Subholding Gas Profil Dewan Komisaris dan Direksi | Ikhtisar Kinerja 9M-2023 The Gas Subholding | BOC and BOD Profile | 9M-2023 Performance Highlights 2 Kinerja 9M-2023 | 9M-2023 Performance Operasional | Keuangan Operational | Financial 3 Investasi & Proyek Strategis 9M-2023 9M-2023 Strategic Projects & Investment Gasifikasi Kilang Minyak | Jargas Rumah Tangga | LNG Hub Arun (Revitalisasi Tangki F-6004) | Proyek Biomethane City Gas Projects | Oil to Gas Conversion for Refineries | LNG Hub Arun (Revitalization of Tank F-6004) | Biomethane Project PERTAMINA GAS NEGARA 3#4FSE JAWA BE Profil Perusahaan Company Overview SPBG#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% 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. Providence of integrated Natural Gas and LNG infrastructure. Supporting business in provision 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 appropriate technology. pemilihan teknologi yang tepat guna. 4. Business development through 4. Pengembangan bisnis melalui pemanfaatan gas bumi untuk industri natural gas utilization for gas-based industries and its derivatives. of natural gas infrastructure and utilization through selection of berbasis gas dan turunannya. Struktur Organisasi | 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 Regional 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 Area Penjualan dan Operasi Sales and Operations Region 4 5#6Grup Subholding Gas | The Gas Subholding Group PERTAMINA GAS NEGARA PERTAMINA GAS NEGARA pgn SAKA power to discover pgn GAGAS brings energy to you pgn.COM always reliable PERTAMINA GAS e NUSANTARA REGAS PGN : PGASOL : 99,997% 0,003% PGN : PGASOL : 99,877% 0,123% PGN PGASOL : : 99,929% 0,071% PGN PERTAMINA : 51% 49% PERTAMINA : 60% PGN : 40% pgn LNG PGN GAGAS : born to make it happen : 99,999% 0,001% Bentang Energi Indonesia Ltd PLI : 75% SEInv : 25% PT Pedoma Global PLI Neo Energi : 30% PT Padoma : 70% PT Lamong Nusantara Gas PLI : 51% PT PEL : 49% pgn SOLUTION action for excellence PGN YKPP : 99,91% 0,09% pgn MAS commitment to service PGN PGASOL : : 99,989% 0,011% Transgasindo PGN YKPP Transasia: : 59,87% : 0,13% 40% PT Widar Mandripa Nusantara 99,996% PT Solusi Energy Nusantara 99,9% PT Telemedika Dinamika Sarana 90% PGAS International Nusantara Pte. Ltd. 100% PT Kalimantan Jawa Gas 80% PT Perta Samtan Gas PERTAGAS : 66% Samtan Co Ltd : 34% PT Perta Daya Gas PERTAGAS : 65% PT Permata Karya Jasa 60% IP : 35% PT Pertagas Niaga PERTAGAS : 99% PHE : 1% PT Perta Arun Gas PERTAGAS PTGN : 90% : 10% PT Perta Kalimantan Gas PERTAGAS : 70% : 30% PMGI 16#7Portfolio 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 7 Indonesia.#8Wilayah Operasi, Aset & Infrastruktur Business Area, Assets & Infrastructures Arun Arun Regasification Terminal wiedan SUMATERA Pekanbaru Jambi Palembang Bandar Lampung LPG Gas Processing Bandu KALIMANTAN Tarakan Bontang Samarinda Balikpapan FSRU Lampung FSRU Jawa Barat CNG Compressing Semarang JAVA Jaringan Pipa | Pipeline Network Total panjang jaringan pipa | Total pipeline network: ± 12.529 km • Distribusi | Distribution: ± 6.913 km Transmisi | Transmission: ± 5.616 km EASTERN INDONESIA SULAWESI MALUKU PAPUA Sorong PERTAMINA GAS NEGARA Legend PGN Pipelines PTG pipelines Future pipelines PGN' FSRUS PGN' Distribution Area PTG Processing Plant 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 10 blok/blocks (6 blocks operation, 4 blocks exploration) 8#9Profil Dewan Komisaris | BOC Profiles Komposisi BoC dan BoD per 30 Mei 2023 (Keputusan RUPS Tahunan 2023) | BoC and BoD Composition as of 30 May 2023 (Resolutions of AGMS 2023) Arcandra Tahar Komisaris Utama President Commissioner Luky Alfirman Komisaris Commissioner Profil Direksi | BOD Profile Warih Sadono Komisaris Commissioner Dini Shanti Purwono Komisaris Independen Independent Commissioner Christian H. Siboro Komisaris Independen Independent Commissioner PERTAMINA GAS NEGARA Paiman Raharjo Komisaris Independen Independent Commissioner Arief S. Handoko Direktur Utama President Director Achmad Muchtasyar Direktur Infrastruktur dan Teknologi Director of Infrastructure and Technology Beni Syarif Hidayat Direktur SDM dan Penunjang Bisnis Director of HR and Business Support Fadjar Harianto Widodo Direktur Keuangan dan Manajemen Risiko Director of Finance and Risk Management Faris Aziz Direktur Sales dan Operasi Director of Sales and Operations Informasi Profil Dewan Komisaris dan Direksi tersedia di website Perseroan | Information on BOC's dan BOD's Profiles are available at the Company's website : https://www.pgn.co.id/tentang-kami#kepemimpinan dan https://ir.pgn.co.id/financial-information#annual Harry Budi Sidharta Direktur Strategi dan Pengembangan Bisnis Director of Strategy and Business Development 9#10Ikhtisar Kinerja 9M-2023 | 9M-2023 Performance Highlights USD 2.691 USD 198 Juta | Million USD 815 Juta | Million USD 6.688 Juta | Million USD 132 Juta | Million Juta | Million (+2% YoY) Pendapatan Revenue Laba Bersih Net Profit EBITDA 935 BBTUD (+5% YoY) Niaga Gas Gas Sales 91% Pangsa Pasar Niaga Gas Gas Sales Market Share 12.529 KM (+1.004km) Jaringan Pipa Pipeline Network Total Aset Total Assets Belanja Modal CAPEX 100% Kehandalan Jumlah Pelanggan Number of Customers Jaringan 3.019 Industri & Infrastructure 11 Komersial 1.967 Pelanggan Kecil Availability 24h Industries & Small Commercials Businesses PERTAMINA GAS NEGARA סו 834.165 Rumah Tangga Households 10#11FSE JAWA BE Kinerja 9M-2023 9M-2023 Performance SPBG#12(MMSCFD) BBTUD Kinerja Operasional | Operational Performance Niaga Gas | Gas Sales Konsumsi Pelanggan Industri terhadap Niaga Gas Industrial Consumption to Gas Sales Sumber Gas | Gas Sources (per as of 30 Sep 2023) 894 +5% 935 9M22 9M23 29% 33% Pembangkit Listrik | Power Plant Kimia | Chemical Keramik | Ceramic 8% Makanan | Food 8% 15% Pupuk | Fertilizer 8% Lainnya | Others Transmisi Gas Gas Transmission Volume TUA | TUA Volume +8% FSRU Lampung +44% 1,343 1,444 BBTUD 28 40 40 9M22 9M23 9M22 9M23 PERTAMINA GAS NEGARA Harga Gas PGN vs Energi Lain PGN's ASP vs Other Energy (USD/MMBTU) PGN's Avg Gas Price 7.39 0% Coal (Batubara) 5.29 30% LPG - 12 kg 70% MFO 100% HSD Piped Gas LNG Pertamina Group Non-Pertamina Group RON 90 (Pertalite) 17.30 ICP 13.87 Per as of 30 Sep 2023 26.20 33.74 41.18 . Iktisar Kinerja | Business Highlights Peningkatan volume niaga gas YoY didorong oleh peningkatan volume pemakaian gas oleh pelanggan industri, komersial dan rumah tangga. Higher gas sales volume on YoY basis was mainly driven by the increasing gas usage by the industry, commercial, and household sectors. 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 melalui Kontrak Terminal Usage Agreement (Kontrak TUA) FSRU Lampung seiring dengan pemenuhan 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. 12#13Mechanix Mechani Kinerja Operasional | Operational Performance PERTAMINA NORMAL MMBOE 8.3 6.7 Lifting Migas Oil and Gas Lifting -19% Transportasi Minyak Oil Transportaion +400% Regasifikasi LNG LNG Regasification +21% Pemrosesan LPG LPG Processing -22% 9M22 9M23 MMBOE 42.9 BBTUD 158 131 TON 8.6 9M22 9M23 9M22 96M23 9M22 9M23 37,270 29,040 Iktisar Kinerja | Business Highlights ■ Pencapaian volume lifting YoY terutama dipengaruhi oleh penurunan produksi dan lifting terutama dari Blok Pangkah. Lifting volume on YoY basis was mainly contributed from lower production and lifting from Pangkah. ■ 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 dikarenakan aktifitas pemeliharaan di LPG ENP Plant dan penyesuaian produksi. LPG processing volume was mainly impacted by lower feed gas due to maintenance activities at LPG ENP Plant and production adjustment. 13 PERTAMINA GAS NEGARA#14Kinerja Keuangan | Financial Performance Laba/Rugi Konsolidasian | Consolidated Income Statement +2% 2.642 2.691 +7% 2.168 2.035 -14% -19% (Juta USD | Million USD) 9M22 9M23 -13% 936 815 -36% 607 523 480 390 311 198 Pendapatan Revenues Beban Pokok Laba Bruto Pendapatan Cost of Revenues Gross Profit Laba Operasi Operating Profit Laba Bersih EBITDA* Net Profit Kontribusi Pendapatan Revenue Contribution Kontribusi EBITDA EBITDA Contribution 11% 11% 78% 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 terutama didorong oleh kenaikan kinerja dari segmen bisnis niaga gas, transmisi gas, transportasi minyak, regasifiksai dan segmen bisnis lainnya. Pencapaian Laba Bersih 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 was mainly driven by higher contribution from gas trading, gas transmission, oil transportation, regasification and other business segments. ■ Consolidated Net Profit 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 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 14#15Kinerja Keuangan | Financial Performance Posisi Keuangan Konsolidasian | Consolidated Financial Position (Juta USD | Million USD) Posisi Keuangan 31 Dec 2022 30 Sep 2023 Financial Position TOTAL ASET TOTAL LIABILITAS TOTAL EKUITAS Belanja Modal | CAPEX (Juta USD Million USD) 241 458 132 28% 35% 7.195 6.688 TOTAL ASSETS 43% 3.753 3.255 TOTAL LIABILITIES 3.442 3.433 TOTAL EQUITY 72% 65% 57% Arus Kas Konsolidasian | Consolidated Cashflow PERTAMINA GAS NEGARA Downstream & Others Upstream 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. (Juta USD | Million USD) Arus Kas 30 Sep 2022 30 Sep 2023 Cashflow FY22 FY23 9M2023 Target Kas Setara Kas Awal Periode 1.503 1.448 Beginning Balance Arus Kas dari Aktifitas Operasi 657 502 Cash flow from operating Rasio Keuangan | Financial Ratios Arus Kas dari Aktifitas Investasi 63 (39) Cash flow from investment Arus Kas dari Aktifitas Pendanaan (540) (874) Cash flow from financing Rasio Keuangan | Financial Ratios 30 Sep 2022 EBITDA Margin 30 Sep 2023 35% 30% Pengaruh Perubahan Kurs (37) 4 Kas Setara Kas Akhir Periode 1.646 Foreign Exchange Impact 1.042 Ending Balance EBITDA /Interest Expense (x) 9,5 10,3 Debt-to-Equity (x) 0,6 0,5 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. 15#16Investasi & Proyek Strategis 9M-2023 9M-2023 Strategic Projects & Investment (per 30 September 2023 | as of 30 September 2023) FSE JAWA BE SPBG#17Gasifikasi Kilang Minyak | Oil to Gas Conversion for Refineries PERTAMINA GAS NEGARA Kilang Refineries 1. RU V Balikpapan Target Operasi Target of Operation October 2023 Status Progress Overall progress 92,58%. Pipa telah terpasang 76,3 KM dari target + 78 KM. Pre-commissioning telah selesai 2 dari 5 section. Overall progress 92,58%. Pipeline installed 76,3 KM from target +78 KM. Pre-commissioning completed 2 out of 5 section. Gas Metering & Pig Receiver Stasiun Balikpapan 06/09/2023 10:47 RU V Balikpapan Gas Metering Stasiun Senipah 17#18Proyek Jargas | City Gas Project PERTAMINA GAS NEGARA • • • · • Medan & Deli Serdang Dumai Palembang & Banyuasin Lampung Batam Cilegon Tangerang Karawang • Jakarta Bogor • Bekasi Cirebon • Semarang Bojonegoro • Surabaya Sidoarjo . Pasuruan 0 Kab. Siak Kab. Tj. Jabung Barat Kab. Palalawan Kab. Muara Enim Kab. Usi Banyuasin Kab. OKU Timur Kab. Indramayu Kab. Gresik Kota Probolinggo Kab. Lumajang • Kab. Wajo • Kota Semarang Remarks Sales Area Program Sayang ibu (PSI) FSRU JARGAS PSI SOR I (APGN) 2022-2023 SOR II SOR III Total 290.400 SR/connections 17 Area Penjualan (Sales Area) 67 kota/kabupaten (cities/regencies) JARGAS APBN City Gas funded 2022 by State Budget Total 40.877 SR/Connections 5 paket proyek/project packages 12 kota/kabupaten (cities/regencies) Konstruksi/Constructions progress 100% Konstruksi/Constructions progress 66,27% 18#19LNG 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: Q2 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 Telah diperoleh Persetujuan Investasi, sedang dalam tahap pengadaan EPC. Final Investment Decision has been obtained. On-progress EPC tender. 19#20Proyek Biometana | Biomethane Project 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 GHG Savings Value #1 Carbon Credit Verified Carbon Standard A VERRA STANDARD Avoid Methane Leakage to Atmospher Palm Oil Mill or sooner by developing roadmap of asset decarbonization and green business building Biomethane Plant PERTAMINA GAS NEGARA GHG Savings Value #2 BioCertificate CO2 from Bio-methane Combustion ISCC International Sustainability a Carbon Certification Local Customer Biogas Fermenter POME Bio CNG Transport Gas Pipeline Upgrading & Compression Gasin Pipeline Injection Facility PERTAMINA Konsorsium Jepang Gas Pipeline (Transmission & Distribution) PERTAMINA GAS NEGARA GAS NEGARA • • DESAIN | DESIGN Joint Study antara PGN bersama dengan Konsorsium Jepang terkait pengembangan biomethane. 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 15 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 15, 2023 HoA dengan Konsorsium telah ditandatangani pada 11 Agustus 2023. HoA with Consortium has been signed on August 11, 2023. Penyusunan FEED Biomethane Plant dan FEED Injection Point Biomethane. On-progress FEED Biomethane Plant and FEED Injection Point. Benefit for Customer: 1. Green Loan 2. Target Carbon Reduction 3. Incentive for export 4. Subsidies from Japan Government 20#21Terima 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 Jl. KH Zainul Arifin No. 20, Jakarta, Indonesia Email: PGN.Investor [email protected] URL: https://ir.pgn.co.id/ Phone: +62 21-39735233 FSE JAWA BE SPBG PERTAMINA GAS NEGARA