Coastal Contracts taps into Indonesian LNG supply chain

By JOSEPH CHIN

KUALA LUMPUR:  Coastal Contracts Bhd is tapping into the growing liquefied natural gas (LNG) supply chain in Indonesia with the purchase of a 49% stake in T Jaya Samudra Karunia for US$6.55mil (RM27mil).

It said on Monday it had signed an MoU with PT. Jaya Samudra Karunia Internasional (JSK), PT. Jaya Samuda Karunia Gas (JSK Gas) and  Yudha Kurniawan Tanos.

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