PGN Hopes to Ink LNG Supply Deal Soon

Perusahaan Gas Negara (PGN) of Indonesia hopes to sign an agreement with BP Berau on the supply of LNG from the Tangguh project before the company starts operating its new FSRU in July.

“The full operation of the floating storage vessel is expected to commence in the second half. By that time, we must have the LNG,” the Jakarta Post cited PGN’s investment planning director Wahid Sutopo as saying.

Höegh LNG of Norway said on Tuesday that it took delivery of the PGN FSRU Lampung and that the vessel is sailing to Lampung in Indonesia to commence 20 years of operation for the Lampung FSRU project.

The FSRU has a capacity of two million tons per annum of LNG.

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LNG World News Staff, April 24, 2014; Image: BP