West Java FSRU set to start operation in May
Thursday, April 12 2012 - 02:18 PM WIB
State oil and gas company PT Pertamina President Director Karen Agustiawan, acting as the President Commissioner of PT Nusantara Regas, the operator of Regas Satu FSRU, marked the release of the unit in a ceremony held in Singapore on Thursday.
The officials from Energy and Mineral Resources Ministry, BPMIGAS, BPH Migas, Pertamina Board of Commissioners, Pertamina Board of Directors, officials from PGN and Nusantara Regas, as well as Total E&P Indonesie management, were also present at the ceremony.
Karen said the completion of Regas Satu FSRU was one of the important steps in operating the LNG receiving terminal, which is known as the West Java FSRU Project. The West Java FSRU facility is scheduled to its start operating phase by May 2012.
"The inauguration of FSRU voyage is one of the essential steps to the operation of the first FSRU in Indonesia. This facility will undergo cooling down and commissioning phase starting from the end of April and is expected to start its commercial operation in May 2012," Karen said.
The operation of West Java FSRU will be an important milestone in fulfilling domestic demand for gas. With the maximum capacity of 3 million metric tons of LNG annually, the FSRU will supply gas to the Muara Karang PLTGU and Tanjung Priok PLTGU, amounting to 400 mmscfd.
"With this FSRU, Nusantara Regas will be able to fulfill the gas supply commitment to PLN of 1.5 million tons LNG annually," she said.
The FSRU will be operated by Nusantara Regas, a joint venture subsidiary of Pertamina (60%) and PGN (40%). The West Java FSRU will receive most of its LNG supply from Bontang to the total amount of 11.75 million tons in 11 years.
The West Java FSRU Project is aimed at supporting the government program to perform energy diversification in order to achieve energy sustainability in the long run. Domestic demand for gas reached around 2,000 mmscfd in 2008. It is expected to jump to 4,500 mmscfd in 2020, mainly driven by the increase in power generation, industry, fertilizer, transportation, and household consumption.
Editing by Benget Besalicto Tnb.