ConocoPhillips, Talisman commission gas plant expansion at Corridor block

Canadian oil firm Talisman Energy said on Thursday gas plant expansion at Corridor Block onshore South Sumatra is being commissioned in preparation for first sales to West Java, which are expected to start by mid-year.

Talisman has 36 percent working interest in the ConocoPhillips-operated block.

ConocoPhillips as the operator of the Corridor PSC Block contractors, entered into an agreement for the sale of gas to state gas distribution firm PGN. This agreement enables the sale of 2.3 trillion cubic feet of gas from the Corridor PSC Block to the West Java market over a 17-year period commencing in the first quarter of 2007.

Gas for PGN contract would mainly be supplied from Corridor?s Suban Phase 2 development. (alex)