India To Receive First LNG Cargo From Indonesia’s Tangguh LNG

India will acquire its initially cargo from Indonesia’s Tangguh liquefied normal gasoline (LNG) plant at the Dahej terminal on Monday, in accordance to a Refinitiv analyst and Refinitiv ship tracking info.

The LNG cargo is getting transported by the BW Helios tanker, mentioned Olumide Ajayi, senior LNG analyst at Refinitiv.

“The vessel which experienced been acting as a floating storage given that it lifted the cargo in mid-September is now on a time period constitution to British oil key BP and is owing to get there at condition-owned Petronet’s Dahej terminal on November 28,” he explained.

The BW Helios picked up the cargo of 132,000 cubic metres at the Tangguh LNG loading facility on Sept. 18, according to Refinitiv information, and has a discharge date of Nov. 28.

Ajayi added that the cargo was uncommon as Indonesian LNG cargoes are typically exported to north Asia, and that India receives LNG cargoes from Qatar, Oman and the UAE.

Japan, China and Korea are important LNG shoppers in north Asia, but substantial inventories and muted spot desire in the region have weighed on Asia location LNG selling prices in modern months.

Operated by BP, the Tangguh LNG plant is in Indonesia’s West Papua province and began generation in 2009. Its output capability is 7.6 million tonnes of LNG per annum (mtpa) from two current trains.

BP did not immediately reply to a ask for for remark.

A third train is expected to arrive on stream in March 2023, officials at Indonesian upstream regulator SKK Migas said in July, which will carry the plant’s complete production ability to 11.4 mtpa.

Teach-3 on the other hand has faced various delays from an first planned begin in the third quarter of 2020 owing to purely natural disasters delaying shipments of expected building materials and COVID-19 restrictions.