Key insights and market outlook
PT Perusahaan Gas Negara Tbk (PGAS) is expected to improve its performance in 2026 through increased gas sales to industrial sectors and infrastructure expansion. The company has started gas distribution to PT Bumi Menara Internusa (BMI) in Lamongan, East Java, with initial volume of 15,000 m3/month scaling up to 80,000 m3/month. PGAS CEO Praska Putrantyo stated that this will drive growth in commercial and industrial sales, which are key revenue contributors.
PT Perusahaan Gas Negara Tbk (PGAS) is taking significant steps to enhance its performance in 2026 by focusing on increased gas sales to industrial customers and expanding its gas infrastructure. The company has successfully initiated gas distribution to PT Bumi Menara Internusa (BMI) in Lamongan, East Java, marking its first delivery to the industrial segment.
According to PGAS CEO Praska Putrantyo, this development is expected to significantly contribute to the company's revenue growth. The industrial and commercial segments are crucial for PGAS as they constitute the primary sources of its income. The increasing demand for clean energy, such as natural gas, is seen as a long-term opportunity for PGAS to expand its revenue streams.
The successful implementation of this gas distribution project is aligned with PGAS's broader strategy to enhance its market position and financial performance in 2026. As industrial customers ramp up their production, the demand for gas is anticipated to rise, thereby benefiting PGAS's sales volume and overall financial health.
New Industrial Gas Distribution Deal
Infrastructure Expansion