BP to Supply LNG to Indonesian Utility for 20 Years From 2013
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BP Plc signed an agreement to supply liquefied natural gas from its Tangguh plant in Indonesia to the country’s state-owned electric utility PT Perusahaan Listrik Negara for 20 years.
BP will provide a total of 23.96 million metric tons of LNG, or the equivalent of 28 cargoes, during the contract to Listrik Negara starting in 2013, Johanes Widjonarko, deputy chairman at Indonesia’s interim energy regulator SKMigas, said in Jakarta today. The fuel will be supplied through a floating storage and regasification unit in West Java, the agency said in a separate statement.