Offshore staff
LONDON – BP and its partners have approved a final investment decision for the Tangguh Expansion project in the Papua Barat Province of Indonesia.
They will commission a third LNG process train (Train 3), boosting production capacity at the complex to 11.4 MM tons/yr.
The project also calls for construction and installation of two offshore platforms at the fields supplying the gas, 13 new production wells, an expanded LNG loading area, and supporting infrastructure.
According to BP, 75% of Train 3’s annual LNG production has been sold to Indonesian state electricity company PT. PLN (Persero). Remaining volumes are under contract to Kansai Electric Power Co. in Japan, the other foundation buyer for Train 3.
BP expects to issue main engineering, procurement, and construction contracts during the current quarter, and to bring the new facilities online in 2020.
Tangguh LNG, in Teluk Bintuni Regency, Papua Barat Province, has been in service since 2009. BP Berau is the operator on behalf of partners MI Berau, CNOOC Muturi, Nippon Oil Exploration (Berau), KG Berau Petroleum and KG Wiriagar Petroleum, Indonesia Natural Gas Resources Muturi, and Talisman Wiriagar Overseas.
07/05/2016
Share your news withOffshore at [email protected]
