LNG
Testing the Strength of Tangguh
Tuesday, July 6, 2004
An incentive request is currently sitting on the desk of the Minister of Energy. It seems that the government will have to be very careful indeed.
arsip tempo : 173535171651.
SLOWLY but surely, the development of the liquefied natural gas (LNG) project in which the British oil & gas giant BP Plc has a large share at Tangguh in Berau-Bintuni Bay, Papua, is obtaining more sales. On Thursday last week, for example, Tangguh signed a contract with Posco, a steel producer from South Korea, to supply 0.55 million tons of LNG per year for a 20-year period, beginning 2005. For the time being, LNG Badak at Bontang, East
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