Indonesian state-owned gas distributor and producer PT Perusahaan Gas Negara (PGAS.JK), or PGN, is interested in acquiring stakes in the Tangguh gas block operated by BP PLC's (BP) local unit, in order to secure more supply, PGN's Chief Executive said Thursday.

Due to the oil spill in the Gulf of Mexico, "they might have financial burdens, so if there's a window of opportunity to acquire stakes in Tangguh, we are interested," Hendi Prio Santoso told reporters.

PGN said in February that it has set aside about IDR3.4 trillion ($370 million) this year to acquire stakes in several gas producers in Indonesia in a bid to meet expected higher future demand.

Santoso said PGN is currently conducting due diligence process for some gas blocks, but didn't elaborate.

-By Linda Silaen, Dow Jones Newswires; 62 21 39831277;andreasismar.sandiwan@dowjones.com