Asia

BP’s Indonesia LNG expansion project makes progress

Jakarta: Indonesia’s Ministry of Environment has approved the environmental and social impact assessment for BP’s $12bn Tangguh LNG expansion project.

The project, which is located in Teluk Bintuni, West Papua province, is the third-largest LNG supply facility in Indonesia and the first fully combined upstream and downstream LNG operation in the country.

The current operation includes two identical LNG trains with annual production capacity at 7.6m tons. The Tangguh Expansion Project will add a third LNG processing train, bringing total project capacity to 11.4m tons.

“This is a significant milestone for the Tangguh Expansion Project. We look forward to receiving the remaining approvals from the government to realize the project, which will bring significant benefit to Indonesia,” said Christina Verchere, BP regional president for Asia Pacific.

“We are engaging closely with SKKMigas, the Ministry of Energy and Mineral Resources and other related government agencies to receive these critical approvals. We remain hopeful that they will be received soon,” Verchere added. [05/08/14]

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