LogIn LogOut

BP eyes 119 LNG Cargoes Annually From Indonesia

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

Current News

Woodside Sees Global LNG Market Tightening

Woodside Sees Global LNG Market Tightening

JDR to Deliver Subsea Umbilical for Malaysian Offshore Project

JDR to Deliver Subsea Umbilical for Malaysian Offshore Project

Mubadala Takes Stake in Egyptian Offshore Block

Mubadala Takes Stake in Egyptian Offshore Block

FAR, Woodside Sign Senegal Assets Sale Deal

FAR, Woodside Sign Senegal Assets Sale Deal

Halliburton 4Q Result Beats Estimates, But Profit Drops 43.9%

Halliburton 4Q Result Beats Estimates, But Profit Drops 43.9%

Petronas Extends ROV Services Contract with Tanjung Offshore

Petronas Extends ROV Services Contract with Tanjung Offshore

Boskalis Charters Southern Ocean Offshore Vessel

Boskalis Charters Southern Ocean Offshore Vessel

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