Tangguh's Continued Failures
Indonesia has failed again in the LNG gas tender in Taiwan. Will this mean a delay in further development at the Tangguh gas project?
July 15, 2003
LOCATED in Papua's Bintuni Bay, Tangguh promises a great deal in terms of future gas energy: it is one of the largest gas fields in Indonesia, with reserves amounting to some 14 trillion cubic feet of gas. However, in terms of international tenders, it certainly seems as if this giant gas project is not as strong as its name (the word "tangguh" means strongEd). Operated by oil company BP Indonesia, the Tangguh gas project has
...