FID for C. Java FSRU expected end of November

By Godang Sitompul

State-owned oil and gas company PT Pertamina expects the final investment decision (FID) for the planned Floating Storage and Regasification Unit (FSRU) in Central Java to be completed at the end of this month after the government ensures the source of LNG supply for the project.

Pertamina Vice President for LNG Project, Daniel Purba said that the government has earlier promised to allocate LNG from the Tangguh LNG project in West Papua.

?For the FID, we?re still waiting for the LNG allocation. The Ministry of Energy and Mineral Resources has promised end of November,? Daniel told Petromindo.com Wednesday.

He added that the contractor for the engineering, procurement and construction of the FSRU project will be decided once the FID has been completed.

Editing by Reiner Simanjuntak