Press Release

Press Release

Decision to Purchase Liquefied Natural Gas produced by the Donggi-Senoro LNG Project

September 22, 2010
Chubu Electric Power Co.,Inc.

Chubu Electric Power Co., Inc. has today reached a decision concerning the purchase of liquefied natural gas (LNG) produced by the Donggi-Senoro LNG Project.

The Donggi-Senoro LNG Project, operated by the company PT Donggi-Senoro LNG, is a project for the liquefaction and marketing of natural gas produced from the Matindok and Senoro gas fields in the eastern part of Sulawesi, Indonesia. Reserves of 64 billion m3 (equivalent to approximately 46 million metric tons of LNG) have been confirmed in these fields.

PT Donggi-Senoro LNG was funded and established by Mitsubishi Corporation, PT Pertamina, Indonesia's state oil and gas company, and PT Medco Energi Internasional, a private sector Indonesian gas exploration and development company.

Chubu Electric intends to purchase approximately one million metric tons of LNG per year from PT Donggi-Senoro for a period of approximately 13 years from the second half of 2014. We believe that the long-term purchase of LNG from Indonesia, a nation that is both rich in resources and geographically close, will contribute to increasing the stability of power supply to our customers.

In addition, we have also decided to form a marketing company with Mitsubishi Corporation, PT Pertamina, and PT Medco Energi Internasional in order to market some of the LNG purchased from PT Donggi-Senoro LNG to third parties. This will represent the first time that Chubu Electric has established a company to market LNG, and we believe that it will increase our fuel procurement flexibility and contribute to the development of new businesses in our fuel procurement value chain.

In the future, we will proceed with the conclusion of LNG purchase and sales contracts and discussions towards the establishment of the marketing company.

Chubu Electric will continue to strive to realize economical, stable, and flexible fuel procurement in order to provide a stable supply of power.

[Outline of LNG purchase contract]


 PT Donggi-Senoro LNG


Chubu Electric Power Co., Inc.


Second half of 2014 to December 2027 (approximately 13 years)


 Approximately 1 million metric tons per year

Terms of delivery

 Delivered ex ship

[Outline of seller]


PT Donggi-Senoro LNG


Sentral Senayan II, 13th Floor Jl. Asia Afrika No. 8, Senayan, Jakarta  Pusat 10270, Indonesia


Yenni Andayani (President-Director)


Mitsubishi Corporation, PT Pertamina, PT Medco Energi Internasional (PT Pertamina participates via its subsidiary PT Pertamina Energy Services; PT Medco Energi Internasional participates via its subsidiary PT Medco LNG Indonesia).

[Framework of marketing company]

[Location of Indonesian LNG project]

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