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Tuesday, December 15, 2009
A shift in the sale of LNG is meant to meet domestic needs.
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THE Oil & Gas Upstream Executing Agency (BP Migas) plans to shift 50 percent of the sale of Tangguh liquefied natural gas (LNG) to America, to domestic buyers. As planned, the gas will be used to meet the needs of power generators and fertilizer plants.
The gas sales-purchase deal between Tangguh and Sempra Energy Marketing totaling 3.7 million tons a year was made in 2004. Tangguh supplies gas for 20 years at the price of US$5.94 per mmBtu. Th
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