Regional LNG: ExxonMobil PNG celebrates the arrival of the Kumul and the 200th cargo

Saturday, June 4 2016 - 04:29 AM WIB

By Romel S. Gurky

ExxonMobil PNG Ltd said that that its second custom-build LNG carrier called Kumul had on June 1 safely completed loading its first LNG cargo at the PNG LNG marine facilities.

The company also said in a statement earlier this week that the 200th PNG LNG cargo was due to be loaded onto the Spirit of Hela this weekend.

The Kumul, recently named in a ceremony in China, is a 172,000 cubic meter, 290-meter- long LNG carrier, entering service on a long-term charter with ExxonMobil PNG, operator of the PNG LNG Project, providing LNG transportation to major customers in Asia.

"We could not be more excited about the arrival of the Kumul the second of the custom-built ships to load its first cargo which will be delivered to Sinopec. We are also delighted that the 200 th cargo for PNG LNG will be loaded onto the Spirit of Hela a few days later.

"These two milestones further underpin our already strong reputation for safely and reliably delivering LNG to our customers," said Andrew Barry, ExxonMobil PNG managing director in the statement.

The Kumul is owned by Mitsui O.S.K Lines Ltd (MOL) and East China LNG Shipping Investment Co Ltd. MOL will operate the ship on behalf of the PNG LNG venture and deliver cargos under the direction of ExxonMobil PNG Limited.

In 2011, Exxon Mobil Corporation and MOL selected Hudong-Zhonghua Shipbuilding (Group) Co., Ltd., a subsidiary of China State Shipbuilding Corporation, to build two LNG carriers in China for the PNG LNG Project. The first of the ships to be built the Papua commenced service in February 2015. The Kumul and its sister vessel the Papua are the largest liquefied natural gas carriers ever to be built in China.

The PNG LNG Project is an integrated development that includes gas production and processing facilities in the Southern Highlands, Hela, Western, Gulf and Central Provinces of Papua New Guinea. There are over 700 kilometers of pipelines connecting the facilities, which includes a gas conditioning plant in Hides and liquefaction and storage facilities near Port Moresby with capacity of 6.9 million tons per year.

Editing by Reiner Simanjuntak

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