Energi Dian Kemala to commence for construction of FSRU in Banten

By Febry Silaban

PT Energi Dian Kemala is conducting final preparations for the construction of a floating storage and regasification unit (FSRU) in Banten, according to a senior official of the firm.

"The engineering work for the FSRU Banten has been completed. We will start the construction after the rainy season ends," the company's Director Joe Bunyamin told Petromindo.com.

He also said final investment decision (FID) for the FSRU has not been made because the company still needs to review costs and prices with oil prices falling and the world economy slowing down. "It's good if we look again at current prices,? Joe said.

He said earlier that his company has received an allocation of two LNG cargoes from Bontang plant, but he did not provide details about the offtakers of the gas. Joe projected that delivery of two cargoes to the FSRU to happen in 2017.

The planned FSRU is designed with a total capacity of 1.5 million tons per annum (mtpa). Global engineering and construction firm Foster Wheeler has been appointed as the engineering, procurement, and construction (EPC) contractor for the project.

Editing by Johannes Simbolon