Project Profile

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Location: Cilamaya, West Java, Indonesia
Value: US$1.8 billion
Capacity: 0.6 mtpa, 0.09 bcfd
Operation Start-up: 2021
Cilamaya LNG Terminal is a proposed LNG terminal in West Java, Indonesia. In 2016 PT Pertamina put out a tender for a fourth floating storage and regasification unit (FSRU) in Indonesia, at Cilamaya in West Java, to import 0.6 mtpa of natural gas. In February 2017 Marubeni of Japan had formed a special-purpose company to build the Jawa 1 project. The SPV, Jawa Satu Power (JSP), will include Sojitz of Japan and PT Pertamina. JSP will build, own and manage a 1,760MW gas-fired power plant, importing LNG using the Cilamaya FSRU. Jawa 1 will be the country’s first integrated power project, scheduled to take in its first LNG cargoes in 2021. The project, estimated to cost around US$1.8 billion, will be financed by a loan from the Asian Development Bank (ADB), the Japan Bank for International Corporation (JBIC) and Nippon Export of Investment (NEXI). Additionally, a small portion of the funding will come from equity of the SPV consortium.
Operators:
PT Pertamina: 40% interest 
Marubeni: 40% interest 
Sojitz: 20% interest