NuEnergy Gas Limited
AASX:NGY0.02
AUD
+0.00
(+5.26%)
ISIN
AU000000NGY3
Return %
Stock
S&P 500
1Y
-25.93
14.20
3Y
-37.50
81.12
5Y
-33.33
68.34
Capital Structure
AUD
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in mil. unless spec.Working Capital
AUD
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in mil. unless spec.Growth Rates
AUD
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
AUD
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in mil. unless spec.Semi-annual Dividends Per Share
AUD
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in mil. unless spec.Company Description
- CEO
- Beng Hong Lim
- Full Time Employees
- 2
- Sector
- Energy minerals
- Industry
- Oil & gas production
- Address
- 39 Brook Street Sunbury VIC Australia 3429
- IPO Date
- Jan 15, 1987
- Website
- nuenergygas.com
- Similar Companies
- Business
- NuEnergy Gas Limited is an Australia-based independent clean energy company primarily engaged in the exploration, appraisal, and development of coal bed methane (CBM) gas projects in Indonesia. The company operates five unconventional gas Production Sharing Contracts (PSCs) across South Sumatra and Central Sumatra, covering over 2,312 square kilometers. Its core products and services include the development and commercial production of CBM gas as a cleaner alternative to conventional coal-based energy sources, focusing on sustainable gas supply for Indonesia's growing energy market. NuEnergy also provides ancillary power generation development linked to its gas assets. Founded in 1985 and headquartered in Sunbury, Australia, NuEnergy is a subsidiary of Malaysian investment holding company Globaltec Formation Berhad. The company targets the Indonesian energy market, aiming to transition its assets from exploration to commercial production to meet industrial and power generation demand. Recent major developments include the approval and commencement of commercial gas sales from its Tanjung Enim PSC, marked by the completion of drilling and well completion activities on its final appraisal well in November 2025. Strategic partnerships with Indonesian state gas company PT Perusahaan Gas Negara Tbk (PGN) have been established to facilitate commercialization. The company benefits from Indonesian government fiscal incentives such as tax holidays and royalty reductions designed to support energy transition and CBM sector growth. NuEnergy is leveraging the Indonesian energy transition policies targeting net-zero emissions by 2060, positioning itself as a low-cost CBM producer amidst global LNG price volatility and policy shifts. The company continues to expand its operational footprint with a Plan of Development (POD) underway to accelerate the transition of its projects from appraisal to production phases, emphasizing sustainable energy delivery while aiming to maximize shareholder returns. NuEnergy’s disciplined capital management and strategic focus on Indonesia’s regulatory and market environment underpin its growth ambitions in the clean energy and unconventional gas sectors.