Sembcorp terminates gas sale deal in Indonesia

Regulators did not approve the transaction.

Sembcorp Industries (Sembcorp) has announced the termination of its Gas Sales Agreement (GSA) in Indonesia.

The agreement was signed by Sembcorp’s wholly-owned subsidiary Sembcorp Gas Pte Ltd with West Natuna Exploration Limited, Empyrean Energy PLC, and Coro Energy Duyung (Singapore) Pte. Ltd.

“As regulatory approval in Indonesia has not been obtained, the GSA will accordingly be terminated,” Sembcorp said.

This development is not expected to affect Sembcorp’s energy costs or its ability to meet gas supply requirements in Singapore. The company said it will continue to leverage its network of natural gas sources, including liquefied natural gas, to fulfill demand.

The termination of the GSA is not expected to have a material impact on the earnings per share and net tangible assets per share of Sembcorp for the financial year ending 31 December 2025.

Follow the link for more news on

Sembcorp Industries

A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia