PLN, Pertamina signs agreement in LNG terminal, transportation
Thursday, March 24 2011 - 03:43 AM WIB
The agreement was signed by PLN's president director Dahlan Iskan and Pertamina's president director Karen Agustiawan in Jakarta on Thursday.
Dahlan said the agreement aims to provide gas for PLN's power plants in eastern Indonesia, where the firm now mostly use high speed diesel to generate power. It will thus allow the state electricity firm to significantly cut its power genreation costs in the region.
Both companies look forward to establishing a joint venture in gas transportation and LNG receiving terminal in the region. In the beginning, they will form a task force to carry out legal, technical, financial and feasibility studies on the development of a mini LNG receiving terminal in the region. (bernard/godang)
Phase of?development of?transportation system and LNG receiving terminal
| Phase and area | Volume | Target operation |
| Phase I | 2012 | |
??Bontang |
25 mmscfd |
? |
? Batakan Balikpapan |
15 mmscfd |
? |
??Pasanggaran, Bali |
25 ? 30 mmscfd |
? |
??Pomala Kendari |
25 mmscfd |
? |
| Phase II | 2013 | |
??Mataram, NTB |
15 mmscfd |
? |
??Banjarmasin |
6 mmscfd |
? |
| Phase III | 2015 |
|
??Gorontalo |
6 mmscfd |
? |
??Halmahera |
60 mmscfd |
? |
Fact sheet on phase I Mini LNG receiving terminal project
| - Life time | 20 years |
| - Gas need | 90 mmscfd |
| - LNG supply | Expected from Bontang sebesar 0,7 million tonne/year |
| - Operation | end 2012 |
| - PLN cost saving potential as result of the phase I LNG receiving terminal (subsidy reduction) | (Crude oil price assumption US$ 100/bbl, fuel oil price = $18,67 /MMBTU) LNG price= $11/MMBTU (matching Nusantara Regas'). Total savings = $186 million /year (after being deducted from transportation costs and the regasification costs of the mini LNG terminal) |
| - Receiving location 1 & 2 | Samarinda - Balikpapan |
| - Gas need | Samarinda 25 mmscfd and Balikpapan 15 mmscfd |
| - Mode Transportation | LNG Containerized capacity 300 FEU @ 35 M3 = 10.500 M3 |
| - Receiving location 3 | Pesanggaran Bali |
| - Gas need | 25 mmscfd |
| - Mode Transportation | LNG Small Vessel capacity 20.000 M3 |
| - Receiving location 4 | Pomala |
| - Gas need | 25 mmscfd |
| - Mode of Transportation | LNG Small Vessel capacity 20.000 M3 |