The Indonesian unit of BP may revise down the number of LNG cargoes to be shipped from the Tangguh project in 2010, from the original 101 to about 90, an official said Thursday.
"The revision is still being studied by BPMigas [the upstream regulator]," a source close to the matter said.
As of November 18, 2010, BP had shipped 77 cargoes and was offloading one cargo currently, the official added.
BP had delivered a total 24 LNG cargoes over January-April 2010, BP Indonesia's country head Nico Kanter had said in May.
Earlier, BPMigas had said that the Tangguh LNG project would likely be able to supply 116 cargoes in 2010 to meet contractual commitments to buyers. Of the 116 cargoes, China's CNOOC was to receive 28 cargoes, South Korean K-Power and Posco a total 24 cargoes, US' Sempra 55 cargoes and Japanese buyers, including power company Tohoku Electric, a total of 9 cargoes, BPMigas chairman R. Priyono has said last year.
Unplanned maintenance of Tangguh's two trains had led to the shortfall in LNG supply, the operation deputy chief of Indonesia's upstream regulator BPMigas Budi Indianto had said in May.
BP shut Train 1 August 6 last year, due to technical problems in the descrub column, dehydration unit dryers and mercury removal drum. While the commissioning of Train 2 was pushed back in anticipation of similar problems. The two trains are expected to run normally in November this year.
Tangguh has five long-term supply contracts. They are with China's CNOOC for 2.6 million mt/year for 25 years, with Posco for 550,000 mt/year for 20 years, with K-Power for 600,000 mt/year for 20 years and with Sempra for 3.7 million mt/year for 20 years. The deal with Tohoku Electric Power for 125,000 mt/year is for 15 years, starting in 2010.
The Tangguh project in Bintuni Bay on Indonesia's far eastern Papua province has two liquefaction trains aimed at producing at least 7.6 million mt/year of LNG. It is based on 14.4 trillion cubic feet of proven gas reserves in three neighboring production sharing contracts.
BP has a 37.16% interest in Tangguh. The other partners are CNOOC (13.90%), MI Berau BV (16.30%), Nippon Oil Exploration (12.23%), KG Companies (10%), LNG Japan (7.35%) and Talisman (3.06%).
"The revision is still being studied by BPMigas [the upstream regulator]," a source close to the matter said.
As of November 18, 2010, BP had shipped 77 cargoes and was offloading one cargo currently, the official added.
BP had delivered a total 24 LNG cargoes over January-April 2010, BP Indonesia's country head Nico Kanter had said in May.
Earlier, BPMigas had said that the Tangguh LNG project would likely be able to supply 116 cargoes in 2010 to meet contractual commitments to buyers. Of the 116 cargoes, China's CNOOC was to receive 28 cargoes, South Korean K-Power and Posco a total 24 cargoes, US' Sempra 55 cargoes and Japanese buyers, including power company Tohoku Electric, a total of 9 cargoes, BPMigas chairman R. Priyono has said last year.
Unplanned maintenance of Tangguh's two trains had led to the shortfall in LNG supply, the operation deputy chief of Indonesia's upstream regulator BPMigas Budi Indianto had said in May.
BP shut Train 1 August 6 last year, due to technical problems in the descrub column, dehydration unit dryers and mercury removal drum. While the commissioning of Train 2 was pushed back in anticipation of similar problems. The two trains are expected to run normally in November this year.
Tangguh has five long-term supply contracts. They are with China's CNOOC for 2.6 million mt/year for 25 years, with Posco for 550,000 mt/year for 20 years, with K-Power for 600,000 mt/year for 20 years and with Sempra for 3.7 million mt/year for 20 years. The deal with Tohoku Electric Power for 125,000 mt/year is for 15 years, starting in 2010.
The Tangguh project in Bintuni Bay on Indonesia's far eastern Papua province has two liquefaction trains aimed at producing at least 7.6 million mt/year of LNG. It is based on 14.4 trillion cubic feet of proven gas reserves in three neighboring production sharing contracts.
BP has a 37.16% interest in Tangguh. The other partners are CNOOC (13.90%), MI Berau BV (16.30%), Nippon Oil Exploration (12.23%), KG Companies (10%), LNG Japan (7.35%) and Talisman (3.06%).
