Bosowa Energy Group and BK LNG Solution Forge Strategic Partnership to Accelerate Indonesia’s Energy Transition
JAKARTA, Indonesia, May 7, 2025 /PRNewswire/ — Bosowa Energy Group has announced a strategic partnership with BK LNG Solution (BKLS), marking a significant milestone in its long-term vision to modernize Indonesia’s energy infrastructure and accelerate the shift toward cleaner energy alternatives.
The partnership was formalized through the signing of a Memorandum of Understanding (MOU) in Jakarta, launching a comprehensive collaboration across the liquefied natural gas (LNG) and broader energy infrastructure sectors.
Indonesia’s Bosowa Energy Group and BK LNG Solution officially signed a strategic cooperation MOU in Jakarta
Under the MOU, the two parties will cooperate closely in multiple areas, including LNG supply chain integration, development of floating storage units (FSUs), natural gas power generation, downstream energy applications, and small-scale LNG distribution via ISO tank containers.
During the signing ceremony, representatives from both sides engaged in in-depth discussions on the strategic roadmap and future direction of cooperation.
Indonesia’s Bosowa Energy Group and BK LNG Solution officially signed a strategic cooperation MOU in Jakarta
Indonesia’s Bosowa Energy Group and BK LNG Solution officially signed a strategic cooperation MOU in Jakarta
Muhammad Akram, Chief Operating Officer of Bosowa Energy Group, described the partnership as a transformative step in advancing the nation’s energy transition agenda: “This collaboration not only enables us to diversify our energy portfolio with scalable LNG solutions, but also directly supports our mission to reduce emissions, enhance energy reliability in underserved regions, and contribute meaningfully to Indonesia’s broader decarbonization goals.”
Junizwan, CEO of Bosowa Energasindo, emphasized the strategic value of the collaboration: “This collaboration with BK LNG Solution represents a key milestone for Bosowa Energasindo as we strengthen our commitment to Indonesia’s energy transformation. By combining our domestic operational capabilities with BKLS’s international LNG expertise, we are building a foundation for a more agile, efficient, and sustainable energy future.”
Henry Kim, President of BKLS, highlighted the company’s commitment to supporting Indonesia’s clean energy transition: “As a specialist in flexible LNG solutions with extensive experience across the region, we are confident in our ability to deliver reliable and efficient natural gas solutions tailored to Indonesia’s unique needs, which we believe are essential for a resilient energy transition. This partnership not only initiates resource synergy but also demonstrates our shared commitment to Indonesia’s clean energy goals.”
A key component of the partnership involves converting existing diesel-fired power plants (PLTD) on remote islands into cleaner, gas-fired power plants (PLTG) using LNG. This initiative is expected to significantly reduce greenhouse gas emissions while improving energy stability in underserved regions.
The partnership will also focus on the deployment of modular LNG regasification units and the development of localized micro-grid systems. These technologies are expected to play a critical role in enabling isolated areas across Indonesia to transition from diesel to natural gas—aligning with the nation’s vision for equitable and sustainable energy access.
Initial pilot projects are scheduled to launch in Eastern Indonesia later this year, with plans to expand operations nationwide in the coming years.
This partnership not only aligns with Indonesia’s national energy transition roadmap but also establishes a solid foundation for BKLS to deepen its regional presence and expand its global footprint. By joining forces, Bosowa and BKLS aim to accelerate project execution and contribute to sustainable energy development across Indonesia and the wider Southeast Asian region.
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BK LNG Solution (BKLS) to import its first LNG spot cargo into China.
AG&P LNG and BK LNG announce partnership for LNG imports into China.
AG&P LNG will provide BKLS with breakbulk solution to China from Cai Mep Terminal in Vietnam.
Earlier this year in April, BKLS signed a collaboration agreement with Huaying International Energy Trading to jointly secure LNG from the market to supply Huaying LNG Terminal.
The cargo will be delivered by end of August 2024.
SINGAPORE, July 11, 2024 /PRNewswire/ — AG&P LNG, a global leader in LNG terminals and downstream infrastructure, and BK LNG Solution (BKLS), a leading provider of comprehensive LNG solutions based in Singapore, completed an agreement to introduce the first spot cargo into China, underscoring their joint commitment to meeting China’s exponential LNG demand growth. This significant milestone was celebrated with a signing ceremony on 11th July 2024, with cargo delivery by end of August 2024.
Scene of the signing ceremony, from left to right: Henry Kim, President of BK LNG Solution, Karthik Sathyamoorthy, CEO of AG&P LNG
The partnership signifies a pivotal moment for both AG&P LNG and BKLS, highlighting their strategic alignment in enhancing LNG supply reliability in China. AG&P LNG, renowned for its robust capabilities in LNG supply, terminals, and logistics, will leverage its global LNG sourcing expertise to ensure efficient and secure delivery of LNG to the Chinese market.
“We are pleased to announce the signing ceremony where we formalized our agreement to bring our first spot cargo into China,” said Henry Kim, President of BK LNG Solution. “This collaboration demonstrates our dedication to providing innovative and diversified LNG solutions to meet the dynamic needs of the Chinese LNG market.”
In addition to the spot cargo transaction, AG&P LNG and BKLS has agreed to collaborate on Small Scale LNG (ssLNG) initiatives, utilizing the terminal at Cai Mep, Vietnam for breakbulk into China using small LNG carriers and ISO containers. This initiative underscores their commitment to expanding LNG distribution capabilities and enhancing market responsiveness across China.
Scene of the signing ceremony, from left to right: Henry Kim, President of BK LNG Solution, Karthik Sathyamoorthy, CEO of AG&P LNG
“We look forward to advancing our collaboration with BKLS beyond the first spot cargo transaction,” added Karthik Sathyamoorthy, CEO of AG&P LNG. “Together, we aim to set new benchmarks in delivering reliable and sustainable LNG solutions to support China’s growing energy demands. Diversifying energy sources with LNG enhances China’s energy security and supports its economic growth. Our collaboration on Small Scale LNG initiatives not only expands LNG distribution capabilities but also ensures quicker, more responsive delivery of LNG, crucial for meeting increasing demand across China.”
The signing ceremony marks a significant step forward in AG&P LNG and BKLS’s joint efforts to advance LNG solutions in China. China’s LNG import market is set for substantial growth; this partnership places AG&P LNG and BKLS at the forefront of addressing the nation’s evolving energy requirements.
About AG&P LNG
AG&P LNG is a global leader in developing and running LNG and gas logistics and distribution solutions. AG&P provides the infrastructure to access natural gas safely and easily in new and growing markets. We act as an owner and service provider covering the development, financing, engineering, procurement, project management and construction of onshore and offshore gas infrastructure, linking suppliers to downstream customers. www.agplng.com
About BK LNG Solutions
BK LNG Solution (BKLS) is a Singapore-based company specializing in providing comprehensive LNG solutions, dedicated to meeting global energy demands through innovation and sustainable practices. Leveraging its extensive network and expertise, BKLS delivers customized LNG solutions to international markets. www.bkwithu.com
SOURCE BK LNG Solution Pte. Ltd.
SINGAPORE, April 22, 2024 /PRNewswire/ — In a landmark development for the global energy sector, two Chinese companies have come together to ink a historic agreement aimed at fostering collaboration in the liquefied natural gas (LNG) industry. This strategic pact signifies a significant step forward for China’s energy landscape and underscores the nation’s commitment to diversifying its energy sources while addressing environmental concerns.
Scene of the signing ceremony, from left to right: Zhang Jie, managing director of Huaying International Energy Trading (Singapore) Pte. Ltd., Henry Kim, president of BK LNG Solution Pte. Ltd.
China, the world’s largest energy consumer, continues to seek diversified and sustainable sources of energy to fuel its rapid economic development. LNG has emerged as a pivotal component of China’s energy strategy, offering cleaner alternatives to traditional fossil fuels, and enhancing energy security.
Huaying International Energy Trading company, which is an affiliate company of Huaying Natural Gas Company, which owns 50% of the LNG receiving terminal with SINOPEC near Chaozhou Port. In alignment with China’s energy policy, it will seek and require importing multiple LNG spot cargoes.
Together with Huaying International Energy Trading Company, BKLS will take part in a collaborated effort to secure LNG from the market. BKLS will bring its LNG expertise to collaborate with Huaying International Energy Trading Company to close LNG deals.
The ceremony, attended by key stakeholders, symbolizes a commitment to cooperation and growth in the LNG industry. This collaboration will hold promise on multiple fronts, such as to foster a stable and reliable LNG supply to meet China’s growing energy demands and by leveraging the network and expertise, can access diverse LNG sources and optimize procurement strategies. Both parties bring unique strengths to the table, promising a synergy that could redefine the dynamics of LNG trade in the region and beyond.
Scene of the signing ceremony, from left to right: Zhang Jie, managing director of Huaying International Energy Trading (Singapore) Pte. Ltd., Henry Kim, president of BK LNG Solution Pte. Ltd.
The collaboration agreement represents a significant milestone in the evolution of the LNG market. By combining forces, the two entities are poised to unlock new opportunities, drive innovation, and shape the future of LNG trade in China and beyond. As the world transitions towards cleaner energy solutions, partnerships like this will play a crucial role in advancing sustainability and meeting the growing energy demands worldwide.
