TANGGUH LNG Tangguh LNG Project Update
1. Introduction 2. Upstream3. LNG Plant & Shipping4. Field Activities5. Forward Plan
TANGGUH LNG Location Map
Tangguh will be Indonesia’s 3rd LNG supply center, joining the Arun plant on Sumatra and the Bontang plant on Borneo.
TANGGUH LNG Tangguh Project Partners
BP (operator)Nippon OilMitsubishi / INPEXKanematsu GroupLNG JapanCNOOC
TANGGUH LNG Gas Fields & Reserves
Proven: 14.4 Tcf
Probable: 3.9 Tcf
Possible: 5.4 Tcf
Total: 24 Tcf
Large exploratory potential
Probable - 3.9 tcf
Possible - 5.4 tcf
Proven - 14.4 tcf
TANGGUH LNG Upstream Summary
BP is the sole upstream operator & gas supplier
Individual well deliverability: 50-150 MMCFD
60 meter water depth; calm seas
Two unmanned production platforms
40 km pipelines from platforms to LNG plant
Contract with Saipem as been released for construction of platforms and pipelines
TANGGUH LNG Liquefaction Plant Facilities
LNG Loading Dock
LNG Loading Dock
Control Room
Control Room
AirportAirport
CommunityCommunity
LNG TrainsLNG Trains
LNG Storage
LNG Storage
Cargo DockCargo Dock
Gas Production Facilities
Maintenance Area
Gas Production Facilities
Maintenance Area
Kellogg Brown & Root, JGC & Pertafenikki contract released March ‘05
Two trains, 3.8 mtpa capacity each, gas drive, air cooled, C3 precool / mixed refrigerant process
Tangguh LNG Plant DesignTwo 170,000 m3 tanks
Jetty to handle vessels s up to 165,000 m3
First LNG in 4th
quarter 2008
Integrated control room
BP operated facility
TANGGUH LNG LNG Shipping
To meet Tangguh’s LNG delivery obligations to Korea and North America:
BP and partners are working with BPMIGAS to complete the first open tender procurement process for LNG vessels in IndonesiaShip procurement team has finished evaluation of technical bidsCommercial proposals have been received and are under reviewExpectation to execute TCPs by mid-year for up to 7 LNG vessels
TANGGUH LNG Independent Project Oversight
Ambassador Sabam Siagian (Indonesia)Reverend Herman Saud (Indonesia – Papua)
Senator George Mitchell (USA) Lord Hannay of Chiswick (UK)
Tangguh Independent Advisory Panel
An independent blue ribbon committee that convenes semi-annually to review and provide advice on issues related to Tangguh’s impact on the local Papuan environment and socioeconomic systems.
TANGGUH LNG Village Resettlement
New HouseNew House
Old Old TanahTanah MerahMerah VillageVillage
New New TanahTanah MerahMerah VillageVillage
TANGGUH LNG Tangguh Project Schedule2003 2004 2005 2006 2007 2008 2009
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4232221 2019 1817 1615 14 13 12 11 10 9 8 7 6 5 4 3 2 1 0 1 2 3 4 5 6 7 8 9 10 11 12 13 1415 1617 18 19 20 2122 23 24 25262728 2930 31 32 33 34 35 36 373839 4041 4243 44 45 46 4748 495051 5253 54 5556 57 5859 60
Tanah Merah Baru Village
Phase I Phase II
DefineLong lead procurement, operations planning, and mobilisation
Drilling 15 initial wells
Platforms & ORF
Pipelines & Subsea cables
Early WorksSite Mob
First gasavailable
Contract Award 1st DropTrain 1
1st DropTrain 2
Take overTrain 2
ACCESS & DEVELOPMENT
DRILLING
GAS PRODUCTION FACILITIES
LNG PLANT
Take overTrain 1
TANGGUH LNG Tangguh Launch Markets
3.6 mtpa3.6 mtpa
TangguhTangguh
MexicoMexico
ChinaChina
KoreaKorea
2.6 mtpa2.6 mtpa
1.3 mtpa1.3 mtpa
TANGGUH LNG Fujian Market
Fuzhou
Putian
Quanzhou
Zhangzhou
Xiamen
Putian Power5 x 360 MW
Jinjiang Power3 x 360 MW
Xiamen Power2 x 360 MW
RegasTerminal
TANGGUH LNG K-Power
Will utilize POSCO’s new LNG import terminalWill be Korea’s first merchant IPPUnit 1 start-up early 2006 followed by Unit 2 mid-2006Total generation capacity approximately 900 mwBP took a 35% equity position in the projectBP to supply bridging LNG from start-up
TANGGUH LNG Costa Azul LNG Terminal
Sempra is building and will operate the first LNG import terminal on the North American West Coast.Costa Azul facility is expected to start operations in 2008 with a capacity of approximately 7.5 mtpa.
TANGGUH LNG Tangguh Launch Markets
3.7 mtpa3.7 mtpa
TangguhTangguh
MexicoMexico
ChinaChina
KoreaKorea
2.6 mtpa2.6 mtpa
1.3 mtpa1.3 mtpa
TANGGUH LNG Advantages for AsPac LNG Buyers
Demonstrated track record of competitiveness
Unique and imaginative solutions to address: Supply security
Transportation arrangements
Flexibility
Location in Southeast Asia
BP provides strong assurance with its role:Upstream operator and gas supplier
LNG plant operator
Ship charterer