JAKARTA Dec 10 Indonesia's Tangguh liquefied
natural gas (LNG) project Train 2 has resumed production after a
fire forced operator BP to shut it down in mid-November,
the oil and gas giant said in an emailed statement on Monday.
Indonesia, the world's third-largest exporter of LNG,
stepping up use of natural gas at home to avoid costly imports
and to meet rising demand and expects shipments to drop around
14 percent next year as production volumes decline.
The Tangguh outage resulted in the cancellation of at least
2 spot cargoes totalling 120,000 tonnes that were to have been
shipped to South Korea.
"LNG production resumed on Saturday at 5 a.m., and is now
ramping up to design capacity," BP Regional President Asia
Pacific William Lin said in a statement, adding that an
investigation into the root cause of the fire had been
Tangguh Train 2 is now "stabilizing production" and will
soon reach its designated production level of 3.8 million tonnes
per year (mtpa), Hadi Prasetyo, a spokesman for Indonesia's
upstream oil and gas regulator (SKMigas), said.
The Tangguh field, situated in West Papua province, is
operated by a consortium of companies led by BP, along with
China's top offshore oil and gas producer CNOOC and
Japan's Mitsubishi Corporation, Sumitomo Corporation
and Kanematsu Corporation.
A planned third Tangguh LNG train, which still requires a
Final Investment Decision (FID) from the British oil company, is
expected to add 3.8 million tonnes per annum (mtpa) liquefaction
capacity to Tangguh, 40 percent of which will be set aside for
Indonesian state power company PT PLN.