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20231206_AKRA_Laporan Informasi dan Fakta Material_31546571_lamp2.pdf

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For Immediate Release                                                                                    6th December, 2023
                      AKR Corporindo signed Joint Development Agreement with
                       BP GAS & POWER to jointly develop LNG project in JIIPE

Jakarta, 6th December 2023 – PT AKR Corporindo Tbk (IDX Stock Code: AKRA.IJ) has entered
into a Joint Development Agreement with BP GAS & POWER INVESTMENTS LIMITED (bp) to
jointly develop a LNG import project involving a regasification terminal in Java Integrated Industrial
and Port Estate at Gresik, East Java, Indonesia (JIIPE). This project is designed with the aim of
providing reliable gas supply for tenants in JIIPE, and with a potential of excess capacity which
can be used to supply the indigenous pipelined gas network in East Java. The project is expected
to come onstream circa 2027 to coincide with the start-up dates of many major gas consuming
projects in JIIPE.




                     Joint Development Agreement signing ceremony held on-line on 4th December 2023 attended by
Mr Haryanto Adikoesoemo, President Director PT AKR Corporindo Tbk., along with Mr Gareth Jones, Director BP Gas & Power Investments Ltd
                                          & other officials from PT AKR Corporindo Tbk and bp




Corporate Secretary
PT AKR Corporindo Tbk

For more information, please contact
ir@akr.co.id
corporate.secretary@akr.co.id

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