BP to develop Indonesian regas terminal

A unit of UK-based energy giant BP is joining forces with Indonesian firm AKR Corporindo to develop a regasification terminal in Indonesia’s East Java.

According to statement by AKR, the distributor of petroleum and basic chemicals has entered into a joint development agreement with BP Gas & Power Investments.

AKR’s president Haryanto Adikoesoemo signed the deal with Gareth Jones, director of BP Gas & Power Investments, on December 4 during an online ceremony, AKR said.

Under the deal, the two firms aim to build the regasification terminal in Java Integrated Industrial and Port Estate at Gresik, East Java, Indonesia (JIIPE).

“This project is designed with the aim of providing reliable gas supply for tenants in JIIPE, and with a potential of excess capacity which can be used to supply the indigenous pipelined gas network in East Java,” the firm said.

BP to develop Indonesian regas terminal
Image: AKR Corporindo

AKR said that it expects the LNG import project to come onstream circa 2027 to “coincide with the start-up dates of many major gas consuming projects in JIIPE.”

The firm did not provide any additional information regarding the project.

BP recently shipped the first cargo of LNG produced by the new third liquefaction train at the Tangguh LNG facility in Indonesia.

Moreover, the first cargo of LNG produced by the new train sailed from the Tangguh plant on October 18 to PLN’s regasification facility in Arun, Nanggroe Aceh Darussalam province.

The start-up of Tangguh Train 3 will add 3.8 million tonnes per annum (mtpa) of LNG production capacity to the existing two-train facility, bringing total plant capacity to 11.4 mtpa.

Most Popular

Eni: third phase of YPF’s Argentina LNG project requires $20 billion investment

The third phase of YPF's Argentina LNG export project would require an investment of about $20 billion, according to Eni’s COO of global natural resources, Guido Brusco.

Wison scores Suriname FLNG gig

China’s Wison New Energies has signed a detailed feasibility study deal for a newbuild floating liquefied natural gas (FLNG) facility in Suriname's offshore Block 52.

Venture Global to introduce gas to tenth Plaquemines liquefaction block

US LNG exporter Venture Global LNG has received approval from the US FERC to introduce natural gas to the tenth liquefaction block at the Plaquemines LNG terminal in Louisiana as part of the plant’s commissioning process.

More News Like This

BP, partners ship first Tortue LNG cargo

UK-based energy giant BP and its partners have shipped the first liquefied natural gas (LNG) cargo produced at the Greater Tortue Ahmeyim FLNG project, located offshore Mauritania and Senegal, according to shipping data.

Venture Global launches Calcasieu Pass LNG commercial ops

US LNG exporter Venture Global LNG has launched commercial operations at its Calcasieu Pass LNG terminal in Louisiana, some 68 months from its final investment decision and 38 months after production start.

BP launches production at Cypre gas project in Trinidad and Tobago

BP's Cypre development, located offshore Trinidad and Tobago, has delivered its first gas. The Cypre gas field is located 78...

BP takes FID on Ginger gas project in Trinidad and Tobago

UK-based energy giant BP has taken the final investment decision on the Ginger gas development offshore Trinidad and Tobago.