Project Profile
Value: US$500 million, US$1.2 billion financing from Japan Bank for International Cooperation (JBIC)
Location: Bintuni Bay, Papua Province
Start-up year: 2020
LNG capacity: 3.8 million tonnes per year
Total plant capacity: 11.4 million tonnes per year
The project will see the expansion of the current 2-train Tangguh LNG project. The third train will have a capacity of 3.8 million tonnes per year. The Project involves the tapping of six fields to extract combined proven reserves of around 14.4 trillion cubic feet of gas. Two normally unmanned offshore production platforms located in Bintuni Bay will collect gas from the reservoir, then send it through sub-sea pipelines to an LNG processing facility on the south shore. The completion of the third train is expected before 2020. The project also includes two offshore platforms, 13 new production wells, an expanded LNG loading facility, and supporting infrastructure.
Operators:
BP: Operator with 40.22% interest
China National Offshore Oil Corporation (CNOOC): 13.9% interest
Nippon Oil Corporation: 12.23% interest
KG Berau/KG Wiriagar (held by Kanematsu, Overseas Petroleum Corp., a subsidiary of Mitsui and JOGMNC): 10.00% interest
LNG Japan Corporation: 7.35% interest
MI Berau B.V. (Mitsubishi Corporation): 16.30% interest
Contractors:
Suez: Contracted to supply a wastewater treatment system.
onshore Front End Engineering and Design (FEED):
- PT. Tripatra Engineers and Constructors, PT. Tripatra Engineering, PT. Chiyoda International Indonesia, PT. Saipem Indonesia, PT. Suluh Ardhi Engineering and Chiyoda Corporation Consortium.
- PT. Rekayasa Industri, JGC Corporation, PT. KBR Indonesia and PT. JGC Indonesia Consortium.
Saipem: two contracts for onshore and offshore work in Indonesia on the Tangguh LNG expansion project
- EPCI of offshore facilities, consisting of two unmanned platforms and subsea pipelines
- to contribute to local content enhancement, including through its own Karimun fabrication yard (August, 2016)
CSTS (joint operation between Tripatra with Chiyoda, Saipem and Suluh Ardhi Engineering):
- contract for the construction of an onshore LNG process train with a liquefaction capacity of 3.8 million tons per annum, utilities, offsites, an LNG jetty and associated infrastructure (August, 2016)
GE Oil & Gas: Supply gas turbine-driven compressors for natural gas liquefaction train 3. (September, 2016)
Sub-contractors:
Hilong Petroleum Offshore Engineering: Contracted for the installation of wellhead platforms and subsea pipelines.
ABB: Hired to supply prefabricated electric substations.