Government Approves Revised Plan of Development of Kepodang Gas Fields

abarrelfullabarrelfull wrote on 10 Dec 2012 19:56

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Revised development plan (plan of development) of gas from the field Kepodang, Muriah block, Central Java run Petronas Carigali Sdn Berhad has been approved by the Minister of Energy and Mineral Resources at a price of U.S. $ 4.61 per million British thermal unit ( mmbtu) at the wellhead. Rudi Rubiandini, Deputy Operations Control Executive Agency for Upstream Oil and Gas (BP Migas), said gas development is currently handled by the Governing Body of Downstream Oil and Gas (BPH Migas) to plan the construction of pipelines to to steam gas power plants (PLTGU) Pond Lorok in Semarang, Central Java, which is managed by PT PLN (Persero). scheme of gas distribution Kepodang changes upstream of the original scheme to downstream scheme. This is because PT Bakrie & Brothers Tbk (BNRB) as concessionaires Kalimantan-Java transmission pipeline (Kalija) in 2009, asking for gas pipeline Kepodang also entered into the system Kalija, so it also uses downstream scheme. While the supply of gas from the Kalimantan-Kepodang has not been determined. "In terms of upstream gas development plan is clear Kepodang 100%, now just waiting for the construction of the pipeline and it became his business BPH Migas," he said on Wednesday. According to Rudi, if the pipeline project to be executed, it takes about two years, making it the fastest gas can be piped into PLN in 2014. "Its production amounted to 116 million cubic feet per day (mmscfd) and everything used to PLTGU Lorok pond," he said. According to Ibrahim Hashim, a member of the Committee BPH Migas, the continuation of the construction of this pipeline is still no certainty as it waits for the readiness of the gas supply agreement (Gas Supply Agreement / GSA) between Petronas and PLN. When this is completed will be followed by the Gas Transportation Agreement (Gas Transportation Agreement / GTA) between the transporter and gas buyers. "Still in the process of changing the master plan, it will be a reference to make the GSA, and only then GTA," he said. According Suryadi Mardjoeki, Chief of the Division of Oil and Gas Fuel PLN, the company quickly signed a gas supply agreement on May 15. Thus, PLN just waiting for the certainty of the gas transporter. "I think 2014 will not be the way for the preparation of Bakrie as contractors pipe just is not visible, as well as preparation of his GTA. I think this is going backwards again," he said. PLN estimates that the price of gas to the power of his will reach approximately U.S. $ 5.3-US $ 5.5 per mmbtu when prices at the wellhead is currently at U.S. $ 4.61 per mmbtu. Suryadi admitted his side had heard that Bakrie & Brothers withdrew from the pipeline project, but it is unclear whether a true retreat from the entire pipeline project Kalija or just part of it. "When Bakrie is backed up, consequently look for a new contractor again and it will certainly take time and further slow the passage of the project and the distribution of gas, "he said. Currently PLTGU Pond Lorok discontinued operations due to the gas supply has not been the entry. When using fuel oil, the more the cost. He said the gas supply of 116 mmscfd was equivalent to 250 kilo liters per day. before using this downstream scheme, in 2008 and PLN have agreed Petronas gas supply by 354 billion cubic feet for the duration of the contract for 12 years with a scheduled start delivering gas to power PLN in the fourth quarter of 2011. Prices even when it had been agreed at U.S. $ 5 per mmbtu. Wacik, Minister of Energy and Mineral Resources, said the project development of the gas field will be accelerated Kepodang be June or October 2014 from the original schedule proposed Petronas in April 2015. "Petronas has expressed its readiness to accelerate the development of gas from the field Kepodang," he said. Bakrie & Brothers is also considered to be expressed willingness to resolve the pipeline from the field to PLTGU Kepodang Lorok the pond. Thus, in 2014, when gas producer is ready to begin delivering gas, as the gas transporter pipeline concessionaires were also prepared, so that the gas can be supplied on time. "Party Bakrie has mengelurkan letter to the willingness of the acceleration Kepodang pipeline project, that the procurement of goods and everything will be done in the near future, "he said. Evita Legowo, Director General of Oil and Gas, Ministry of Energy and Mineral Resources, said in May it also be signed soon GSA and GTA gas project this Kepodang. Priyono, Head of BP Migas, add the price of gas at the wellhead at U.S. $ 4.61 per mmbtu with the escalation of about 6% -8% per year. "For the price of gas up to PLN was later depending on the toll fee from transporters, it will be taken care of BPH Migas," he said. Bobby Gafur Umar, President Director of PT Bakrie & Brothers, confirming peresroan willing to speed up the pipeline Kepodang. The Company has sent a letter to Energy Secretary menaytakan ability and willingness to accelerate the development, construction and installation of gas pipeline Kepodang, in accordance with the development plan issued by BP Migas to Petronas, the fourth quarter of 2014 with a 207 kilometer long pipeline. "Bakrie remains committed to the project," he said.

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