BP Submits Tangguh LNG Expansion Plan
Oil and gas giant BP has formally submitted its expansion plan, to build a third liquefied natural gas (LNG) train at the firm’s Tangguh plant in Papua, to the upstream oil and gas regulator of Indonesia, BPMigas, Jakarta Post reported. The train will have a capacity of 3.8 metric tons per annum (MTPA).
BP holds a 37.16 percent stake in Tangguh. The plant currently comprises two production trains with a maximum output of 7.6 million tons of LNG a year. BP started production at the first LNG train in February 2009 and the second one in July 2009. The third train, with a production capacity of 3.8 million tons of LNG per annum, (MTPA), will bring the total production capacity to 11.4 MTPA.
The total investment in Train 3 by BP and its partners is estimated to be up to $12 billion, the newspaper said.
All of the LNG currently produced is exported, with 3.6 MTPA sent to Sempra Energy in the US, 2.6 MTPA to China and 1 MTPA to South Korea.