Chiyoda-led Consortium Embarks on Natural Gas Development Project in Sumatra, Indonesia

abarrelfullabarrelfull wrote on 27 Jul 2015 06:38

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Nov 17, 2003

The Consortium led by Chiyoda Corporation and PT. Chiyoda International Indonesia (PT. CII) has embarked on a gas field development project promoted by China's PetroChina in Central Sumatra of Indonesia. The engineering, procurement, and construction work is underway for PetroChina International Jabung Limited's Betara Complex Development Project worth multi-US$100 million. Chiyoda Corporation of Japan will be in charge of procurement work for imported equipment and materials, while its subsidiary in Indonesia, PT CII will be responsible for the onshore EPC work.

The Project, planned under the Production Sharing Contract (PSC) by three Asian major oil & gas companies of PetroChina of China, Petronas of Malaysia, and Pertamina of Indonesia, encompasses gas gathering and field facilities at the gas fields, the Betara gas processing plant, pipelines, fractionation unit and offshore facilities for shipment of the LPG/condensate products.

The Project is aimed at producing the sales gas to Singapore out of the gas fields in the Jabung Block in Jambi Province, Central Sumatra. At the same time, the liquids, namely LPG and condensate produced from gas processing and fractionation, will be shipped out through Floating Storage and Offloading (FSO) unit in offshore via pipelines. By envisaged production of 100 mmscfd of sales gas, 25,000 BPD of NGL, 15,200 BPD of LPG and 9,930 BPD of condensate from the Project, the development will surely position the Jabung Block as an important production block in the region.

The Chinese oil & gas major PetroChina is the operator for the Project. The Chinese major is heading the charge to secure oil and gas resources abroad, in order to meet the growing demand at home. Indonesia is its important partner for establishing energy ties.

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