The Tangguh Production Sharing Contract Partners (BP with 37.16%, MI Berau with 16.3%, CNOOC with 13.9%, Nippon Oil with 12.23%, KG Berau and KG Wiriagar with 10%, Indonesia Natural Gas Resources Muturi with 7.35% and Talisman Wiriagar with 3.06%) have awarded Saipem two construction contracts for the construction of a third 3.8 Mt/year LNG train at its 7.6 Mt/year Tangguh LNG plant in the Papua Barat Province of Indonesia.
Saipem will be in charge of the engineering, procurement, construction and installation of offshore facilities, consisting of two unmanned platforms and subsea pipelines. In addition, CSTS (joint venture of Saipem, Tripatra, Chiyoda and Suluh Ardhi Engineering) has been selected to build the liquefaction train, utilities, offsites, an LNG jetty and associated infrastructure. Construction is expected to be completed in 2020.
Partners made the Final Investment Decision (FID) for Tangguh-3 in early July 2016. So far, BP has reached agreements with Kansai Electric (Japan) to acquire 1 Mt/year from the third train and with Indonesia's national power utility PLN for the remainder.
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