I'm curious to see how much the deal is worth, selling the gas for electricity. It's supposed to be ready to go any day.

Indonesian Medco inks first Sekayu CBM gas deal, to supply 200 Mcf/d 2012-17

Jakarta (Platts)--1Dec2011/521 am EST/1021 GMT

Indonesia's publicly traded oil and gas company Medco Energi Internasional has signed a memorandum of understanding to sell gas from its Sekayu coal bed methane block in South Sumatra to state-owned energy and mining company Perusahaan Daerah Pertambangan dan Energi, Medco Energi E&P senior manager of relations Joang Laksanto said Thursday.

This is the first contract to be inked for Sekayu CBM gas. Under the agreement, Medco would supply 200 Mcf/d of the CBM gas to PDPDE beginning April 2012 for a five-year period, he said, adding that PDPDE's purchase would fulfill electricity requirements of the local community in South Sumatra.