21.   State-owned electricity company PLN has unilaterally annulled its power purchase contract with PT Cikarang Listrindo after the latter refused to renegotiate their deal.

22.   The gas purchase contracts will be held by the trading company, responsible for sales of piped gas to industry and homes, it said.

23.   The principal terms of the sale have been agreed between management and Investec and a binding sale and purchase contract is expected to be signed shortly.

24.   The tabloid said most cigarette companies were bound by one-year or longer purchase contracts with KCN.

25.   Flag carrier Garuda Indonesia is renegotiating aircraft purchase contracts due to its worsening financial performance, the Antara news agency Friday quoted Garuda president director Supandi as saying.

26.   Contrary to oil exploration, the production of natural gas requires huge investments which require long-term purchase contracts to be economically viable.

27.   Maintenance and supplies of spare parts for the frigates and jet fighters were included in previous purchase contracts, the official added.