Corporate Updates
Perusahaan Gas Negara (PGAS IJ): Benefits from disrupted coal supply
Perusahaan Gas Negara (PGAS IJ)
BUY / TP: IDR:2,200 (+29.0%)
Analyst: Chandra Pasaribu
Benefits from disrupted coal supply
• Coal supply disrupted by bad weather
• Upstream lifting records temporary drop
• Rokan pipeline to operate in 2H2021
• Re-iterate BUY rating