Indonesia signs five gas supply agreements, including LNG deal with BP

JAKARTA, Oct 17 (Reuters) - Indonesia on Friday signed five natural gas agreements for domestic supply that are expected to increase state revenues by up to $10.5 billion, a statement from the state energy regulator SKKMigas said.

Buyers include state power utility Perusahaan Listrik Negara (PLN), which signed a deal to purchase liquefied natural gas (LNG) from the Tangguh LNG project, in Indonesia's West Papua province, operated by BP.

The BP Tangguh-PLN deal will supply Indonesia with an estimated 400 cargoes of LNG over the 19-year contract duration, regulator spokesman Rudianto Rimbono told Reuters, adding that this was the country's biggest domestic gas supply deal ever.

Malaysia's state energy firm Petronas and units of Indonesia's Medco Energi and state energy firm Pertamina also signed deals to supply piped gas to several domestic buyers, including PLN, the statement said.

It was not immediately clear how much the contracts were worth. (Reporting by Fergus Jensen and Wilda Asmarini; Editing by Tom Hogue)