Golar LNG eyeing Indonesian LNG receiving terminal projects

Bermuda-based LNG solution firm Golar LNG Energy reported on Friday that it was eyeing two LNG receiving terminal projects in Indonesia.

The Company it has recently received a PQ from state oil, gas company PT Pertamina (Persero) and state gas distribution firm PT Perusahaan Gas Negara (Persero) Tbk (PGN) for a ~3 MTPA offshore LNG receiving terminal, targeted for a fourth quarter 2011 start-up in West Java. Golar Energy will submit a PQ. Contract award is targeted for the third quarter of 2010, it said.

The Company said it has also responded with interest in PGNs solicitation of interest for a ~1-2 MTPA floating storage and regasification terminal, targeted for a the first quarter of 2012 start-up in North Sumatra. The PQ is expected to be launched within the first quarter of 2010 with contract award targeted for the fourth quarter of 2010. (alex)