Friday 24 July 2009

Indonesia Tangguh LNG Plant To Ship 56 Cargoes In '09

Thursday, 23 July 2009

Indonesia's Tangguh gas liquefaction plant will ship 56 cargoes of liquefied natural gas this year to overseas buyers, a government official said Wednesday. Raden Priyono, chairman of upstream oil and gas regulator BP Migas, told reporters that 17 cargoes will be dispatched to the Fujian receiving terminal in China, eight to South Korea's Posco, 12 to K-Power and 19 to Sempra Energy.

One cargo is equal to 150,000 cubic meters of LNG. The plant, which is owned by a consortium led by BP Plc (BP), made its first gas delivery to South Korea last month and to Fujian earlier this month. Priyono said the first LNG delivery to Sempra's receiving terminal in Baja California, Mexico, will be made in August.

Source: Dow Jones

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