Indonesia’s PLN cancels two Tangguh LNG cargoes

Indonesia’s state power company PT Perusahaan Listrik Negara has reportedly cancelled two shipments of LNG from the BP-operated Tangguh plant.

The cargoes of around 213 billion British thermal units per day were for May delivery, Reuters reported on Tuesday.

The news agency cited Arief Setiawan Handoko, a deputy at oil and gas regulator SKK Migas as saying this.

Handoko said BP has offered the cancelled cargoes in a new tender.

PLN reported last week that power demand in Indonesia has decreased due to the Covid-19 pandemic.

The utility said then that it expects this trend to continue even further.

Tangguh expansion

South Korea’s Daewoo E&C has recently won a $50 million contract to carry out piping works at the Tangguh plant.

The contract is a part of the Tangguh expansion project which includes the addition of a third liquefaction train with a capacity of 3.8 mtpa.

The project will boost the total plant capacity located in Papua Barat Province to 11.4 mtpa.

BP originally expected to launch the expansion project in the third quarter of this year but the project was delayed for about a year to the third quarter of 2021.

Recent media reports suggest that the Tangguh expansion project could even see further delays due to the situation with the ongoing coronavirus pandemic.

BP is the operator of the Tangguh facility with a 37.16% share.

Most Popular

MAN will no longer offer ME-GA engine

Volkswagen’s MAN unveiled the ME-GA dual-fuel engine in March 2021, describing it as an Otto-cycle variant of the company’s...

Kumul awards pre-FEED contract to Wison for Papua New Guinea’s first FLNG

The two firms signed the contract on Friday. With an expected capacity of 1.5 mtpa, Papua New Guinea’s first FLNG...

Atlantic LNG shipping rates dip to $26,750 per day

Last week, Atlantic LNG shipping rates dropped below $50,000 per day. “Spark30S Atlantic rates dropped for a fourth consecutive week,...

More News Like This

BP wins GTA LNG sales arbitration case

BP is the operator of the first GTA phase. Besides Kosmos, other partners include PETROSEN and SMH. In 2020, the...

BP delivers first LNG cargo to Zhejiang Energy’s Wenzhou terminal

According to a statement by BP China, the shipment arrived at the Wenzhou LNG terminal on October 7. BP China...

Trinidad’s Atlantic LNG appoints new CEO

Back in August 2021, Shell's Ronald Adams took over the role of Atlantic LNG's CEO from Philip Mshelbila. Adams will...

Kosmos CEO talks Tortue FLNG launch, expansion

In February, Golar LNG’s 2.5 mtpa FLNG Gimi, which was converted from a 1975-built Moss LNG carrier with a storage...