India to receive first LNG cargo from Indonesia’s Tangguh LNG

SINGAPORE: India will receive its first cargo from Indonesia’s Tangguh liquefied pure gasoline (LNG) plant on the Dahej terminal on Monday, in accordance to a Refinitiv analyst and Refinitiv ship monitoring information.
The LNG cargo is being transported by the BW Helios tanker, stated Olumide Ajayi, senior LNG analyst at Refinitiv.
“The vessel which had been acting as a floating storage since it lifted the cargo in mid-September is currently on a term charter to British oil major BP and is due to arrive at state-owned Petronet’s Dahej terminal on November 28,” he stated.
The BW Helios picked up the cargo of 132,000 cubic metres on the Tangguh LNG loading facility on Sept. 18, in accordance to Refinitiv information, and has a discharge date of Nov. 28.
Ajayi added that the cargo was uncommon as Indonesian LNG cargoes are sometimes exported to north Asia, and that India receives LNG cargoes from Qatar, Oman and the UAE.
Japan, China and Korea are key LNG shoppers in north Asia, however excessive inventories and muted spot demand within the area have weighed on Asia spot LNG costs in current weeks.
Operated by BP, the Tangguh LNG plant is in Indonesia’s West Papua province and commenced manufacturing in 2009. Its output capability is 7.6 million tonnes of LNG each year (mtpa) from two present trains.
BP didn’t instantly reply to a request for remark.
A 3rd practice is predicted to come on stream in March 2023, officers at Indonesian upstream regulator SKK Migas stated in July, which can convey the plant’s complete manufacturing capability to 11.4 mtpa.
Train-3 nevertheless has confronted a number of delays from an preliminary deliberate begin within the third quarter of 2020 due to pure disasters delaying shipments of required development materials and Covid-19 restrictions.

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