March 19, 2012

Medco and Kogas team up to develop CBM

The Jakarta Post | Saturday March 17, 2012

Publicly listed company PT Medco Energi Internasional (MedcoEnergi) signed a memorandum of understanding with Korea Gas Corporation (Kogas) on the development of coal bed methane (CBM) at Medco’s three CBM blocks in South Sumatra.

The signing of the agreement marked the beginning of the two companies’ cooperation in identifying and studying all possibilities to increase the value of CBM, including the opportunity to develop liquefied natural gas (LNG) from CBM.

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