Jokowi to inaugurate first cargo of Donggi-Senoro LNG plant
Friday, July 31 2015 - 01:09 AM WIB
President Joko Widodo (Jokowi) is scheduled to inaugurate the shipment of first cargo from the Donggi Senoro LNG (DSLNG) plant in Banggai regency, Central Sulawesi to Arun LNG Storage and Regassification Terminal in Aceh, also known as Arun Regas, in Aug. 2, 2015.
?God willing, the ceremony will be attended by President Jokowi,? VP for LNG, Gas & Power at Gas Directorate of Pertamina, Didik Sasongko Widi told Petromindo.com.
He said earlier that the shipment is a milestone for the DSLNG plant. The first cargo is allocated for the domestic market. From Arun, the gas will be delivered to industries in Medan, according to Didik.
Almost all of LNG from DSLNG plant have been contracted and will be delivered to buyers in Korea and Japan, Didik said.
DSLNG has signed a heads of agreement to supply Chubu Electric Power Co. (1 mtpa for 13 years), Kyushu Electric Power Co. (0.3 mtpa for 13 years), and Korea Gas Corp. (0.7 mtpa for 13 years). The LNG plant is expected to produce 2.0 mtpa of LNG and 47,000 bpd of condensate.
The US$2.8 billion DSLNG plant is owned by a consortium comprising of PT Pertamina Hulu Energi (29 percent), IDX-listed Medco Energi Internasional Tbk (11.1 percent), and Sulawesi LNG Development Ltd. (59.9 percent). Sulawesi LNG Development Ltd. is a joint venture between Japanese firm Mitsubishi Corporation (75%) and Korea Gas Corp. (25 percent).
The plant will have a total production capacity of 2.1 million tons per annum, and will obtain its gas supply from the Senoro-Toili block and Matindok block. The Senoro-Toili block is operated by Joint Operating Body Pertamina Medco Tomori Sulawesi (JOB PMTS), which is the main feed gas supplier for the DSLNG plant, with a supply commitment of 250 mmscfd. The Matindok block, which is operated by Pertamina EP, will supply 85 mmscfd of gas to the plant.
Editing by Johannes Simbolon