Singapore’s Keppel Offshore & Marine Limited (Keppel O&M) has entered into a heads of agreement (HOA) with compatriot Pavilion Energy and Indonesia state-owned Perusahaan Listrik Negara (PLN) to explore opportunities in the development of small-scale liquefied natural gas (LNG) distribution in west Indonesia. The signing of the agreement took place at the Singapore-Indonesia Leaders’ Retreat in Singapore.
A joint feasibility study carried out recently demonstrated the cost savings and mutual benefits that can arise from collaboration in the small-scale LNG value chain.
LNG can be delivered to floating and onshore LNG terminals using small LNG carriers, where it is regasified and used to generate electricity at PLN’s power plants.
