LNG (LIQUIFIED NATURAL GAS)

NWS keep eye on Papuan LNG

The North West Shelf's LNG producers will be keeping a close eye on proceedings at the Tangguh li...

The selection keeps BP on track for a 2007 operations starting date boasting a massive new resource on Asia's doorstep, despite not having a foundation customer.

The Tangguh gas fields contain 14.4 trillion cubic feet of proved and certified natural gas reserves and the LNG processing plant will be able to produce seven million tons of LNG per annum.

With such a significant field to draw upon it is likely that BP and its partners will be aiming for several of the NWS contracts expiring during the latter half of the decade in order to secure a foundation customer.

The successful consortium for the EPC, made up of Kellogg, Brown & Root, JGC Corporation and PT Pertafenikki engineering (KJP), submitted a bid worth $US1.4 billion to beat out two other bidders in the two year process.

The scope of the project is to construct a two-train LNG processing plant and associated support facilities in Teluk Bintuni, Papua Province, Indonesia.

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