NuEnergy and Beijing Partners Agree to Accelerate the Tanjung Enim CBM Project

Thu 08 Jan 2026, 07:52 AM

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NuEnergy and Beijing Partners Agree to Accelerate the Tanjung Enim CBM Project
Image Source: Doc. NuEnergy

A new chapter for Indonesia’s non-conventional energy industry officially begins today. NuEnergy Gas Limited (ASX: NGY), a clean-energy company listed in Australia, has partnered with Chinese strategic ally PT Beijing Energy Linking (PT BEL) to accelerate the development of Coal Bed Methane (CBM) projects in South Sumatra.

The collaboration agreement was signed at the JS Luwansa Hotel, Jakarta, on Thursday (January 8, 2026), as reported by Lintang, a correspondent for ruangenergi.com. The event was witnessed by the Head of the Special Task Force for Upstream Oil and Gas (SKK Migas), Djoko Siswanto, underscoring a new milestone in the nation’s energy resilience.

This strategic move is seen as a “breath of fresh air” for upstream oil and gas investment, particularly in non-conventional gas utilization long touted as Indonesia’s energy of the future.

This is no token partnership. NuEnergy is teaming up with PT BEL, a subsidiary of Shanghai Beijing Energy Linking New Energy Development Co. Ltd. (SBJE). SBJE is backed by energy giant Beijing Energy International Holding Co. Ltd. (BJEI) and Envision Group as its principal shareholders.

NuEnergy CEO Lim Beng Hong said the collaboration marks significant progress for the development of Indonesia’s CBM industry.

“This collaboration marks significant progress in the development of Coal Bed Methane in Indonesia and strengthens the operating investment climate for CBM in the country,” the company stated in its invitation letter.

The core focus of the partnership is to accelerate development of the Tanjung Enim Working Area (PSC). This asset is particularly notable as Indonesia’s first CBM project whose initial Plan of Development (POD 1) has been approved by the government.

Today’s signing follows swiftly from an earlier agreement. On December 17, 2025, NuEnergy’s subsidiary, Dart Energy (Tanjung Enim), signed a Gas Sales Agreement (GSA) with PT Perusahaan Gas Negara Tbk (PGN).

The project is projected to carry an initial contract value of around USD 200 million, equivalent to several trillion rupiah.

The presence of SKK Migas Head Djoko Siswanto at the ceremony signals the government’s full support for CBM as a backbone of the energy transition. Coal Bed Methane is viewed as a crucial clean-energy source to help achieve Net Zero Emissions while meeting rising domestic demand.

Technically, the Tanjung Enim PSC holds gas reserves ready for commercialization. NuEnergy targets plateau production of up to 25 million standard cubic feet per day (MMSCFD) for ten years. For the initial phase, first gas sales of 1 MMSCFD are targeted to start flowing in the first half of 2026.

Gas from Tanjung Enim will be transported through pipelines integrated with South Sumatra’s main gas infrastructure network, enabling supply to the Java market and potential exports to Singapore and Malaysia.

With fresh investment and strong regulatory backing from SKK Migas, the “treasure trove” of methane beneath the soil of Sriwijaya is expected to become a tangible new driver of Indonesia’s economy.

Source: https://www.ruangenergi.com/sejarah-baru-energi-nasional-nuenergy-dan-mitra-beijing-sepakat-kebut-proyek-cbm-tanjung-enim-di-depan-kepala-skk-migas/

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