Indonesia, Sempra will ink LNG deal: Purnomo

Indonesian Mines and Energy Minister Purnomo Yusgiantoro has announced his country and Sempra Energy LNG Corp will finalise a deal on 11 October which will see the SE Asian nation supplying LNG to markets in the US and Mexico for 20 years.
Indonesia, Sempra will ink LNG deal: Purnomo
Indonesia, Sempra will ink LNG deal: Purnomo
Indonesia, Sempra will ink LNG deal: Purnomo
Indonesia, Sempra will ink LNG deal: Purnomo
Indonesia, Sempra will ink LNG deal: Purnomo

Speaking to reporters at the Fifth International Conference of the Joint Oil Data Initiative, Purnomo said, “The agreement will be signed in San Diego. The contract with Sempra will bring the total amount of LNG volume secured by the Tangguh project to over 7 million tons a year, enough to justify the development of two processing plants initially.”

While the Minister did not elaborate further, under the terms of a preliminary agreement, Indonesia will begin supplying 3.7 million tons of LNG per annum from 2007 onwards to Sempra’s proposed LNG terminal near Ensenada, Mexico.

loader