Medco Energi Divests Exspan Petrogas Intranusa Stake for Rp24 Billion

Strategic Restructuring Move

PT Medco Energi Internasional Tbk (MEDC), an Indonesian energy company, has divested its 99.99% stake in PT Exspan Petrogas Intranusa to its subsidiary PT Medco LNG Indonesia. The transaction, valued at Rp24 billion, involves approximately 926.33 million shares of Exspan Petrogas Intranusa.

Transaction Details

The sale was formalized through a sale and purchase agreement executed on December 26, 2025. According to Medco Energi's Corporate Secretary, Siendy K. Wisandana, this transaction marks a significant step in the company's restructuring efforts. The divestment is expected to optimize Medco's business structure and potentially enhance operational efficiency.

Business Implications

This strategic move demonstrates Medco Energi's commitment to optimizing its corporate structure. By consolidating its interests through subsidiaries, Medco aims to streamline operations and potentially improve financial performance. The transaction's value of Rp24 billion will likely be recorded in Medco's financial statements, potentially impacting the company's cash position and investment strategies moving forward.