Tangguh project

1st November 2012. BPMIGAS and British Petoleum have announced that Indonesia’s regulatory body for oil and gas upstream activities have approved the further development of Tangguh LNG project. This BP operated project is in The Papua Barat province of east Indonesia.

The schedule for the project is a 4th investment expansion is expected in 2014 with commissioning expected late 2018. Total investment for this section of the project is estimated to be $12 billion (£7.5 billion)

The plan for the third tranch of development of the Tangguh project was submitted In September of 2012 by BP on behalf of the project partners and jointly announced today by Indonesia’s President Susilo Bambang Yudhoyono and the UK prime minister, David Cameron.