EWC to start operation of Sengkang LNG project in 2015
Tuesday, March 3 2015 - 02:07 AM WIB
ASX-listed Energy World Corporation (EWC) said that it expects to complete and commission the first train of the Sengkang LNG project in South Sulawesi this year amid construction progress.
?We anticipate that we will complete the construction of the first train and associated works and undertake commissioning and commence operations within 2015,? EWC said in a statement Monday.
EWC said it is developing the Sengkang LNG project on the South Sulawesi coastline, in the same region as its Sengkang Contract Area and Sengkang combined cycle power plant.
The project consists initially of one modular LNG train with a capacity of 0.5 MTPA, with the three additional trains, depending on gas field development, for a potential total LNG capacity of 2 MTPA; an LNG storage facility; and an LNG loading facility.
The company said that this equipment, including four cold-boxes, compressors and ancillary equipment, has been installed on site. The tank has been fully slipformed and is now subject to fit out. Jetty works has being finalised and loading arms have been installed.
It added that the interconnecting pipework and the installation of the control and instrumentation systems are being completed. State-owned electricity firm PLN, which is responsible for providing the power supply to the Sengkang LNG Project, has completed the first phase of the interconnecting transmission systems and are on track to supply power to the site prior to the project?s commercial operation.
EWC also said that project debt financing for the Sengkang LNG Project is being finalized with a leading Indonesia domestic bank. LNG product off-take discussions are being discussed with PLN which requires LNG for its power operations in eastern Indonesia.
Editing by Reiner Simanjuntak