BP eyes 119 LNG Cargoes Annually From Indonesia

Posted by Joseph Keefe
Wednesday, April 4, 2018
Oil major BP is targeting shipping 119 cargoes of liquefied natural gas (LNG) from its Tangguh project in Indonesia's West Papua province this year, including 22 for the domestic market, a company official said on Wednesday.
BP expects to keep the same balance of shipments for export and the domestic market unchanged up to 2020, BP Indonesia country head Dharmawan Samsu told a parliament hearing. After 2020 BP will dedicate roughly one-third of the LNG output from Tangguh to the domestic market, or around 60 cargoes, Samsu said. Tangguh's annual output capacity is currently 7.6 million
tonnes of the super-cooled fuel from two LNG trains. 
An LNG train liquefies natural gas by cooling it to about minus 160 degrees Celsius, which condenses the gas to about 1/600th of its volume for transportation by ship. The Tangguh project currently has two LNG trains. A third train is currently under construction and is expected to be completed around 2020, Samsu said. BP leads the Tangguh project with a 37.16 percent stake.
Its partners include MI Berau, China National Offshore Oil Co  and a venture between Mitsubishi Corp and Inpex. 

Reporting by Wilda Asmarini

Categories: Contracts Energy Environmental Finance LNG Logistics Ports Indonesia

Related Stories

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

Valeura Makes Progress with Multi-Well Drilling Campaign in Gulf of Thailand

Santos and QatarEnergy Agree Mid-Term LNG Supply

Centrica and Thailand’s PTT Ink Long-Term LNG Supply Deal

CDWE Wraps Up Pin Pile Installation Job for Taiwanese Offshore Wind Farm

Fugro Lands Deepwater Gas Field Job in Southeast Asia

OMV Exits Ghasha Gas Project off UAE with Lukoil Stake Sale

Scarborough FPU's Topsides and Hull Come Together in Major Engineering Feat (Video)

Current News

Yinson, PTSC Get $600M Contract for Vietnam-Bound FSO

PTTEP Acquires Southeast Asia’s Offshore Block from Chevron’s Hess Unit for $450M

Valeura Energy, PTTEP Partner Up on Gulf of Thailand Blocks

Sapura Scoops Over $118M for Chevron, PTTEP Subsea Ops off Thailand

Pandion Energy Divests Interests in Three Norwegian Assets to Inpex

China Starts Production at Major Oil Field in Bohai Sea

Dutch Contractor Completes Malaysia’s Largest 'Rig-to-Reef' Decom Project

China Rolls Out 17MW Floating Wind Turbine Prototype

SBM Offshore’s Jaguar FPSO Enters Drydock in Singapore (Video)

EnQuest Picks Up Offshore Oil and Gas Block in Brunei

Subscribe for AOG Digital E‑News

AOG Digital E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

https://accounts.newwavemedia.com