BP Submits Tangguh Expansion Plan, Indonesia

BP is pushing forward with plans to expand the Tangguh LNG plant. Namely, the company announced that they have submitted a Plan of Further Development.

The company wants to build third LNG train, as part of Tangguh plant expansion. The new train would have 3.8 million metric tons production capacity per year.

The LNG processing plant currently consists of two LNG trains, producing at least 7.6 million metric tons of LNG a year.

With 37.16% interest in the project, BP Indonesia is the operator of Tangguh under a production sharing contract with BPMIGAS (Indonesia’s regulatory body for oil and gas upstream activities).

“We only have one item left to be discussed, as such, we are hopeful that the approval for the POFD can be reached next month”, said Hadi Prasetyo, BP spokesman.

The Project involves the tapping of six fields to extract combined proven reserves of around 14.4 trillion cubic feet of gas. Two normally unmanned offshore production platforms located in Bintuni Bay will collect gas from the reservoir, then send it through sub-sea pipelines to an LNG processing facility on the south shore.

[mappress]
LNG World News Staff, September 28, 2012; Image: BP