Petrochemical plant in Bintuni needs 200 mmscfd of gas
Thursday, February 18 2016 - 02:42 AM WIB
Ministry of Industry said that a petrochemical plant that the joint venture of German firm Ferrostaal and Japanese firm Sojitz plans to develop in Bintuni Bay regency in West Papua will need about 200 mmscfd of gas.
?The government has yet allocate gas for the project. It is still under discussion. The gas is most likely sourced from Kasuri block owned by Genting (Malaysian firm),? Director of Basic Chemical Muhammad Khayam at the ministry told Petromindo.com.
Aside from petrochemical plant, there is also a plan to build two fertilizer plants in the area. Gas for the two plants ? at a combined rate of 180 mmscfd ? is expected to come from the fields that now supply gas to the Tangguh LNG plant, which is operated by BP Indonesia.
Last January, Minister of Industry Saleh Husin said that the investment for the petrochemical plant is estimated at about US$10-15 billion.
Editing by Johannes Simbolon