Posted by: aptogaz | August 17, 2007
(news) LNG plant planned at Senoro, Central Sulawesi
Posted by: “Budhi, Swastioko (Singgar Mulia)” Budhi.Swastioko@se1.bp.com migas_indonesia
Tue Aug 14, 2007 5:54 pm (PST)
LOS ANGELES, Aug. 14 — Indonesia’s PT Pertamina will join Mitsubishi
Gas Chemical Co. Inc. in building a $1 billion LNG plant at Senoro in
Central Sulawesi. An agreement will be signed by Indonesia and Japan
when Japanese Prime Minister Shinzo Abe visits Indonesia Aug. 19-21,
said Pertamina Pres. Director Ari Sumarno.
Construction of the 2 million tonnes/year plant is scheduled to begin
this year and to come on stream by 2010.
Mitsubishi, which will become the sole buyer of the facility’s LNG, is
the project’s majority shareholder, with a 51% stake, while Pertamina
owns 29% and Medco, 20% (OGJ Online, Jan. 19, 2007).
Source gas will come from the Senoro Block, which has 1.53 tcf of proved
reserves and is jointly operated by Pertamina and Medco. Additional
supplies will come from Pertamina-operated Matindok Block, which has 0.7
tcf of proved reserves.
The Senoro LNG plant is one of four energy deals to be signed between
Indonesia and Japan, according to Energy and Mineral Resources Minister
Purnomo Yusgiantoro. The other three agreements will take up the
development of a gas pipeline and two coal-fired power plants.