Oct 20, 2023 15:36 JST

Source: Mitsubishi Corporation

Indonesia's Tangguh Expansion Project Commences LNG Shipment

TOKYO, Oct 20, 2023 - (JCN Newswire) - We, the joint venture partners of the Tangguh LNG Project led by bp, the project operator, are pleased to announce that the new liquefaction train (Train 3) of the Tangguh Expansion Project in Papua Barat Province, Indonesia, has started commercial operation and first shipment of liquefied natural gas (LNG) produced by Train 3 has safely sailed from the Tangguh site.

The Tangguh Expansion Project’s Train 3 adds a production capacity of 3.8 million tons of LNG per annum (MTPA) to the existing Tangguh facility, which consists of two trains with a combined production capacity of 7.6 MTPA. Tangguh expansion project, which took six-and-a-half-year to complete, at peak saw over 13,500 workers mobilized through its development and construction.

The Tangguh Expansion Project will play an important role in supporting Indonesia’s growing energy demand, where up to 2.8 MTPA of LNG produced by Train 3 will be supplied to Indonesia’s state owned power generator PT. PLN based on a long term sales and purchase agreement (SPA) entered in 2014. Meanwhile, up to 1.0 MTPA of LNG will be supplied to The Kansai Electric Power., Inc. based on a SPA signed in 2013, contributing to Japanese national energy security.

The joint venture partners of the Tangguh LNG Project are also planning the next phase of development including a carbon capture utilization and storage (CCUS) project as they seek to contribute to the reduction of CO2 emissions from LNG production.

Project image
Project location map

 

REFERENCE

The Tangguh LNG Project is located in Papua Barat Province, Indonesia. The project is operated by BP Berau Ltd on behalf of the other production sharing contract partners as contractor to SKK Migas. BP Berau Ltd and its affiliates in Indonesia hold a 40.22% interest in the project. The other Tangguh production sharing contract partners are MI Berau B.V. (16.30%), CNOOC Muturi Limited. (13.90%), Nippon Oil Exploration (Berau), Limited. (12.23%), KG Berau Petroleum Ltd (8.56%), Indonesia Natural Gas Resources Muturi Inc. (7.35%) and KG Wiriagar Petroleum Ltd (1.44%).

Inquiry Recipient:
Mitsubishi Corporation
Telephone: +81-3-3210-2171

Source: Mitsubishi Corporation
Sectors: Marine & Offshore

Copyright ©2024 JCN Newswire. All rights reserved. A division of Japan Corporate News Network.

Related Press Release


MC and Denka Sign J/V Agreement in Fullerene Business
April 24 2024 16:02 JST
 
Mitsubishi Corporation Announces Participation in a DAC Project in Louisiana, USA
April 16 2024 13:36 JST
 
Mitsubishi Corporation Announces Completion of Capital Raise by Nexamp
April 11 2024 12:07 JST
 
Mitsubishi Corporation: Sale of BMA Coal Assets in Queensland Completed
April 03 2024 18:05 JST
 
Fujitsu signs MoU with Mitsubishi UFJ Financial Group, Inc. to drive nature positive actions
April 01 2024 15:17 JST
 
Mitsubishi Corporation and 7 large international companies join forces to sponsor the creation of a global e-NG coalition
March 19 2024 15:40 JST
 
Nissan and Mitsubishi Corporation agree to explore new business in next-generation-mobility and energy-related services utilizing EVs
March 18 2024 16:29 JST
 
Mitsubishi Corp to invest in TIER IV: Transforming regional mobility with autonomous driving
March 15 2024 11:36 JST
 
Mitsubishi Corporation: Participation in PAK Lithium Project in Canada
March 05 2024 15:57 JST
 
Mitsubishi Corporation Expands its Data Center Presence with Entry into US
March 04 2024 14:27 JST
 
More Press release >>

Latest Press Release


More Latest Release >>