Page 7 - AsianOil Week 15 2021
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AsianOil SOUTH ASIA AsianOil
“The central government and the state gov- partnered with OIL in the development of the
ernment have laid huge emphasis on Act East Namrup and West Mechaki blocks, which will
Policy with a focus on creating long-lasting busi- require INR900mn ($12mn) in investment.
ness relations with the neighbouring countries The NRL executive added that the two com-
on the North Eastern frontiers of our country. panies also each own a 20% stake in Indradha-
We will be able to play a pivotal role in contrib- nush Gas Grid Ltd (IGGL), which will set up a
uting towards fulfilling this vision,” Mishra said. gas pipeline connecting the north-eastern state
NRL managing director S K Barua, mean- capitals.
while, pointed out that his company had already
SOUTHEAST ASIA
Three East Java gas projects
slated for completion this year
PROJECTS & INDONESIAN upstream regulator SKK Migas
COMPANIES has said three new projects are expected to come
on stream in East Java this year, boosting domes-
tic supplies of natural gas in the process.
The regulator said state-owned Pertami-
na’s Jambaran-Tiung Biru (JTB) gas field, Saka
Energi Indonesia’s (PGN Saka) Sidayu project
and Malaysian major Petronas’ Bukit Tua Phase
2B project were all expected to come on stream
before the end of the year.
“The largest additional supply will be
obtained from the JTB, which we estimate will
be on stream in the fourth quarter of 2021. This
project can supply 192mn cubic feet [5.44mn
cubic metres] per day of gas, where the supply
will not only go to East Java but also to Central
Java,” SKK Migas deputy of finance Arief S Han-
doko said on April 15.
While JTB, which is located in the Cepu of state-owned Perusahaan Gas Negara (PGN),
block, has a long-term, fixed-price and fixed-vol- operates Pangkah with a 100% stake.
ume take-or-pay gas sales agreement for up to “At the beginning of the year there was also a
192 mmcf per day of gas, the scope of the devel- West Pangkah project that increased gas supply
opment covers six wells that will produce 315 from the Pangkah PSC, so it can be said that the
mmcf (8.92 mcm) per day of gas, according to amount of gas supply in East Java for 2021 will be
international law firm Latham & Watkins, which fulfilled,” Arief explained.
provided counsel during the project’s financing. Malaysia’s state-owned Petronas awarded in
Handoko noted that while the JTB project 2019 an engineering, procurement, construction,
had been slated for completion last year, it had installation and commissioning (EPCIC) contract
been delayed owing to the coronavirus (COVID- for Bukit Tua Phase 2B to Meindo Elang Utama.
19) pandemic. The scope of the development involved con-
The Sidayu field, located in the Pangkah necting the BTJT-B wellhead platform (WHP) to
production-sharing contract (PSC), had orig- existing processing infrastructure via three gas
inally been expected to be completed by the and condensate flowlines. Other work includes
end 2019 and Handoko did not explain why the the modification of the existing platform for
field had been delayed. PGN Saka, a subsidiary tie-in operation.
Week 15 15•April•2021 www. NEWSBASE .com P7
