PT Perusahaan Gas Negara Tbk

PT Perusahaan Gas Negara Tbk (PPAAY) is an Indonesian entity based in Jakarta, primarily focused on the transmission and distribution of natural gas. It supplies natural gas to a wide range of clients, including industrial, commercial, and residential users, with operations extending across Indonesia and the United States. The company's business activities are organized into three principal segments: Gas commercial and transmission, Oil and Gas Exploration and Production, and Other operations. Beyond its core gas utility functions, PPAAY also engages in liquefied natural gas (LNG) processing, the trading of oil and gas commodities, and upstream oil and gas development activities, encompassing exploration and exploitation. Furthermore, the firm offers a variety of supplementary services, such as fiber optic network leasing, construction and maintenance solutions, property and equipment management and leasing, and specialized engineering and consultancy. Established in 1859, PT Perusahaan Gas Negara Tbk operates as a subsidiary of PT Pertamina (Persero).