Bontang to ship 286 cargoes of LNG next year

PT Badak NGL, the operator of the Bontang LNG plant in East Kalimantan, is targeting to ship a total of 286 cargoes of LNG next year, down from 297 cargoes planned for this year, President Director Agus Haryanto said on Tuesday.

Badak NGL, which processed gas production from Total?s Mahakam PSC, Vico?s Sanga-Sanga PSC and Chevron Corp.?s gas blocks, is Indonesia's largest LNG plant.

Badak, which operates as non-profit company, is 55 percent owned by Pertamina, with Vico, JILCO and Total own 20%, 15% and 10%, respectively. (bernard)