27 October 2025 - JERA Co., Inc. (JERA) and PT PLN Energi Primer Indonesia (PLN EPI) announced today the initial findings from their ongoing study on potential collaboration across Indonesia's liquefied natural gas (LNG) value chain. The study was launched under the Joint Development Study Agreement signed on June 17, 2025, and the current findings highlight the critical need to build a robust LNG framework that strengthens Indonesia's energy resilience, supports its transition towards a lower-carbon future, and meets rising energy demand. 

Initial findings indicate significant opportunities to enhance LNG procurement and supply processes, as Indonesia faces declining domestic gas production and increasing demand from the power sector's net zero transition. With PLN EPI expecting a near-term natural gas shortage, LNG will play a critical role in meeting supply needs. JERA and PLN EPI are assessing various collaboration models that leverage JERA's global LNG value chain expertise and PLN EPI's deep local market knowledge to build a more flexible and resilient LNG supply chain that supports energy security and sustainability for Indonesia.

The study also identifies opportunities to strengthen Indonesia's distribution network and improve energy delivery efficiency to key regions. It will further examine options for shared infrastructure and explore new business opportunities to enhance energy security and optimized resource use.

The initial insights provide a strong foundation for continued collaboration between JERA and PLN EPI. Both companies have agreed, during a workshop held on October 20, 2025, to advance the study and will continue to assess the economic, technical, and logistical aspects of these opportunities to ensure a reliable and secure energy future for Indonesia.

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About JERA

JERA is a global energy leader and Japan's largest power generation company focused on providing cutting-edge solutions to the world's energy issues. Established in 2015, the Company produces one-third of Japan's electricity, and is one of the largest LNG buyers in the world. JERA has global reach and strength throughout the energy supply chain, from participation in LNG upstream projects and fuel procurement, through fuel transportation to power generation. In support of a responsible energy transition, JERA has committed to achieving net-zero CO2 emissions from its domestic and overseas businesses by 2050. 

For more details: https://www.jera.co.jp/english

About PLN EPI

PT PLN Energi Primer Indonesia is a Subholding of PLN established to ensure the availability of primary energy supply through the consolidation of procurement and logistics processes, sourcing of primary energy, and the development of a resilient ecosystem and robust supply chain. It envisions becoming a global company in integrated primary energy solutions.

For more details: https://www.plnepi.co.id

Workshop on the Implementation of the Joint Development Study Agreement for LNG Supply Chain Collaboration between PT PLN Energi Primer Indonesia and JERA held on October 20, 2025.

From Left To Right:

Wirawan (Head of Corporate Planning and Primary Energy Management Division, PLN EPI),

Erra Karin Sidabutar (Assistant Manager of LNG Contract Planning, PLN EPI),

Mohammad Faradhy (Assistant Senior Vice President of LNG Marketing Business Development & Procurement Planning, PLN EPI),

Fadillah Isnan (Vice President of Legal, PLN EPI),

Erma Melina Sarahwati (Director of Gas and Fuel Oil, PLN EPI),

Rakhmad Dewanto (CEO, PLN EPI),

Izumi Kai (CEO, JERA Asia),

Manabu Onuki (CEO, JERA Indonesia),

Hiroki Kominami (General Manager of Business 1 Unit, Asia & Middle East Group, JERA),

Tsuyoshi Oyanagi (Senior Manager of Business 1 Unit, Asia & Middle East Group, JERA),

Noviyan Halim (Deputy Chief Executive Officer, JERA Indonesia),

Shigeyuki Suzuki (Senior Manager, JERA Indonesia)

Rakhmad Dewanto (CEO, PLN EPI)