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BP eyes 119 LNG cargoes a year from Tangguh

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LNG Industry,

Reuters are reporting that BP is targeting shipping 119 cargoes of LNG from its Tangguh project in Indonesia's West Papua province this year, including 22 for the domestic market.

BP expects to keep the same balance of shipments for export and the domestic market unchanged up to 2020, BP Indonesia country head Dharmawan Samsu told a parliament hearing.

After 2020 BP will dedicate roughly one-third of the LNG output from Tangguh to the domestic market, or around 60 cargoes.

Tangguh's annual output capacity is currently 7.6 million t from two LNG trains.

The Tangguh project currently has two LNG trains. A third train is currently under construction and is expected to be completed around 2020.

BP leads the Tangguh project with a 40.22% participating interest. Its partners include China National Offshore Oil Co (CNOOC) and a venture between Mitsubishi Corp and Inpex, among others.

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