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BP Plc considering additional investment in LNG project.(Corporate Investment)(Liquefied natural gas )(Brief Article)
Indonesian Investment Highlights, November, 2004
BP Plc considering additional investment in LNG project. British energy giant BP Plc is considering request to increase investment in the Tangguh liquefied natural gas (LNG) project in Papua to build another production unit. Originally BP Plc planned to build only two production units to meet supply under contracts already signed with Chinese and American buyers, Energy and Mineral Resources Minister Purnomo Yusgiantoro said.
The government has asked BP Plc to build more production units at Tanggul LNG project to meet growing demand for LNG He said LNG market is expanding especially and in addition Chile had indicated interest in importing LNG from the country. The government, therefore, asked BP Plc to build more production units at Tanggul LNG project to meet...
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