Marine Link
Monday, October 24, 2016

BP to Supply LNG to Indonesia Long Term

May 29, 2012

BP signs MoU with PLN (Indonesia's State Electricity Company)to provide long-term gas supply for domestic needs

On behalf of the Tangguh PSC partners, BP (BP) yesterday signed a Memorandum of Understanding (MoU) to provide long-term LNG supply to Indonesia’s state electricity company, PT. PLN (Persero), for domestic Indonesian needs and also to support PLN in providing electricity for Teluk Bintuni Regency, Papua Barat province. The MoU was signed as part of an expansion plan for the Tangguh LNG project in Papua Barat province, Indonesia.

The MoU outlines BP’s commitment to work in partnership with PLN to reach an agreement for the supply of LNG for domestic power plant usage, as well as the supply of electricity to meet the demand of local communities and small and medium-sized enterprises in Teluk Bintuni Regency and surrounding areas.

Group Chief Executive Bob Dudley.
"We are pleased that the Government of Indonesia is working closely with us as we progress plans for the further development of Tangguh and, together with the partners in the Tangguh project, recognises the importance of providing LNG to both domestic and international markets," Bob Dudley said at the signing ceremony. "Tangguh is a significant asset for BP that helps underpin our significant gas value chain business across the Asia Pacific region."

 BP has over 35 years experience in Indonesia and is one of the largest foreign investors in the country. Activities are dominated by its exploration and production business, notably the Tangguh LNG operations in Papua Barat province, which began operations in mid-2009.


Maritime Reporter Magazine Cover Oct 2016 - Marine Design Annual

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News