Seven more companies have signed deals with gas producers to receive gas at subsidized prices following similar agreements with 11 companies in May, as the government seeks to boost Indonesia’s manufacturing sector amid the COVID-19 pandemic. The companies, consisting of a fertilizer maker and six gas distributors, signed letters of agreement (LoA) on Wednesday to secure 231.2 billion British thermal units per day (bbtud) of gas, according to the Upstream Oil and Gas Special Regulatory Taskforce (SKK Migas).
