Humpuss to deliver first LNG from Bontang to Benoa this month
Friday, February 12 2016 - 07:00 AM WIB
IDX-listed energy transporter PT Humpuss Intermoda Transportasi Tbk is scheduled to transport the first LNG from Bontang LNG plant in East Kalimantan to the Benoa LNG terminal in Bali in late February, according to an official of PT Pelindo Energi Listrik (PEL), the operator of Benoa LNG terminal.
?The first LNG delivery from Bontang to Benoa will occur on February 25,? Director of PEL Gembong Primadjaja told Petromindo.com recently.
President Director of PEL Denny Herman said earlier that Benoa LNG terminal is planned to start operating in March 2016.
Humpuss through its subsidiary PT Humpuss Transportasi Kimia (HTK) signed an LNG transportation contract with PEL on Dec. 16, 2015, which will be effective for seven years since the first delivery. Under the contract, HTK is obliged to deliver LNG for a power plant in Pesanggaran, Denpasar, Bali. The company will use LNG Carrier Triputra, formerly known as Surya Satsuma, which previously used by Humpuss to transport LNG from Bontang LNG plant to Japan LNG buyers.
Humpuss will use a medium-size LNG carrier with a capacity of 20,000 dead weight tons (DWT).
Director of Humpuss Taufik Agustono said to Petromindo.com that they are currently waiting for PEL?s instruction to start transporting LNG from Bontang.
"There will be one unit vessel which will be going back and forth from Bontang to Benoa to transport the LNG. There will be two to three deliveries within a month," Taufik said, adding that the contract value with Humpuss is approximately US$90 million.
The Benoa LNG terminal will deliver 40 mmscfd of gas, sourced from the Bontang LNG plant, to the 200 MW PLTDG Pesanggaran diesel and gas power plant owned by PT Indonesia Power, a subsidiary of state owned electricity firm PT Perusahaan Listrik Negara (PLN).
Editing by Johannes Simbolon