Jakarta Post: Pertamina Starts Developing LNG Infrastructure

State-owned oil and gas giant Pertamina plans to work on several infrastructure development projects to tap the liquefied natural gas (LNG) market in the near future amid current demand uncertainty.

Among planned projects is a floating storage and regasification unit (FSRU) in Cilacap, Central Java, four land-based LNG terminals - in Bojanegara (West Java), Benoa (Bali), Porong (East Java) and Makassar (South Sulawesi)-, and three mini LNG plants each in Simenggaris and Nunukan, North Kalimantan and in Salawati in West Papua.

“All are in Pertamina’s pipeline of development and we are focusing on the mini LNG development,” Pertamina vice president for corporate communications Wianda Pusponegoro said on Thursday.

However, the development closest to being realized is the FSRU in Cilacap. It is currently in the final investment decision stage, according to Wianda. The facility, which will have 200 million standard cubic feet per day (mmscfd) in capacity, is expected to be completed by 2017. MORE