Indonesian Government Approves Plan of Further Development for Expansion of Tangguh LNG

Release date: 01 November 2012

Gbr.Bob Dudley - BP Group Chief Executive

Indonesia’s Ministry of Energy and Mineral Resources and oil and gas executive agency BPMIGAS have approved in principle the Plan of Further Development (POFD) for the expansion of the BP-operated Tangguh liquefied natural gas (LNG) project in Papua Barat province in eastern Indonesia.

The approval was announced today by UK Prime Minister David Cameron in London after a bilateral meeting with Indonesia’s President Susilo Bambang Yudhoyono, attended by BP Group Chief Executive, Bob Dudley, and BP Regional President Asia Pacific, William Lin.

In early September, on behalf of the Tangguh project partners, BP submitted the plan for the development of a third LNG liquefaction train (Train 3) for Tangguh. Approval of the plan is an important step in preparation for the final investment decision for this expansion, which is currently expected to be taken in 2014. This would potentially enable commissioning operations for the new train to begin in late 2018. Sumber: www.bp.com

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