Badak NGL is a national pride world class company for total solutions in liquefied natural gas (LNG). The Company was established in 1974 and operates as a is a nonprofit corporation whose assets are owned by the Government of Indonesia, under the Ministry of Finance, and supervised by PT Pertamina (Persero). PT Badak Natural Gas Liquefaction headquartered in Jakarta and its plant located in Bontang EastKalimantan. As of December 2012, Badak NGL is 55% owned by PT Pertamina (Persero), 20% by Vico Indonesia, 10% by Total E&P Indonesia, and 15% by Japan Indonesia LNG Company (JILCO).