Ari Adji
Ari Adji
Ari Adji
LNG Terminal Summit Singapore, 31 May 1 June 2011
Agenda
1. Background 2. Gas Demand And Supply For West Java 3. LNG Supply And Sources 4. Business Chains 5. Overview Of FSRT Location 6. Key Elements Of FSRU Conversion 7. Project Execution Status 8. Refurbished Vessel 9. Overall Schedule Of West Java FSRT Project
1. This project was intended to cover the lack of existing gas supply from ONWJ-PHE ( Offshore North West Java PT Pertamina Hulu Energy) and to reduce the subsidiary of fuel consumption for Indonesian State Electricity Corporation (PLN) Muara Karang and Tanjung Priok. 2. An MOU among PT Pertamina (Persero), PT PGN (Persero) Tbk and PT PLN (Persero) have been signed on April 25, 2008 in order to utilize and manage LNG for domestic usage. 3. Further discussions have been made and all parties agreed to develop a Floating Storage & Re-gasification Terminal (FSRT) on December 23, 2008 4. A principle agreement for development of the LNG Receiving Terminal company has been signed in the front of BUMNs Ministry on April 17, 2009
5. PT Nusantara Regas as a consortium company of PT Pertamina (Persero) and PT PGN (Persero) Tbk has been announced in April 2010.
ESTIMATES
Cirebon
Jakarta
(Haurgeulis, Pamanukan, Jatibarang)
West Java 2012 2015 Demand1 Local production SSWJ imports2 Shortfall Shortfall after FSRU 1800 600 700-900 300-500 0-50 2050 600 700-980 470-750 20-300 Mmscfd 2020 2350 400 Existing pipeline 500-600 1350-1450 400-500 Gas production Planned location for LNG re-gasification terminal
2.5
2.0
Million tons
1.5
1.0
0.5
0.0 2012
2013
MoA antara Mahakam PSC dan Konsorsium sudah 2014 2015 2016 2017 2018 2019 ditandatangani
2013 1.25 2014 1.25 2015 1.25 2016 1.00 2017 1.00 5 2018 1.00 2019 1.00
2020
2021
2022
Contract Year
In ACQ in MT MTPA
2012 1.50
2020 1.00
2021 0.75
2022 0.75
Business Chains
Production
Shipping
Storage + Re-gasification
Off-takers
Production: Badak LNG Plant, Bontang Sellers: PERTAMINA, Total Indonesie and Inpex Buyer: Nusantara Regas (NR) Shipping: NR Storage + Re-gasification + Gas Sales : NR Off-taker: PLN + others
6
Jakarta Bay Capacity: 3 MTPA On-stream Target : January 2012 LNG Source: 1.5 MTPA from Bontang 1.5 MTPA from others
15 km Subsea Pipeline
Jakarta
8
Suction Drum
Automation
Export Manifold Minimum Send Out Compressor Metering High Integrity Protective Pressure System (HIPPS) Seawater Discharge Chain Stoppers
Turbo Generators
Seawater Pumps
Khannur FSRU
1977 Built / 125,000 m3 Moss Containment 5.0 bcm / year Side by side LNG transfer Gas topside Risers Open Loop
Source: Golar LNG/ Energy / Picture copyright Petrobras
Mooring Dolphin
Pipeline and ORF (Onshore Receiving Facilities) EPC scope of work being carried out 12 months project duration starting from January 10, 2011 Mechanical Completion : December 23, 2011 Commissioning : January 10, 2012
Operational Target Commissioning / Start Up : January 2012 Full Operational : February 2012
13
22
COMPANY PROFILE
Establishment PT Nusantara Regas (NR) has been established on May 17, 2010
Share Holders
60 %
40 %
Core Business To handle the LNG procurement, manage the FSRT facilities and operational, and sell the re-gasified LNG to Indonesian State Electricity Corporation (PLN) or other off taker(s)
FSRU CONVERSION
Engineering This Period WBS DESCRIPTION
ENGINEERING PROCUREMENT TOPSIDE - REGAS UNIT MOORING & OFFLOADING PLATFORM YARD CONVERSION & REPAIR FSRU MOBILIZATION & HOOK UP TOTAL --->
To Date Plan
87.64 49.62 46.33 26.85 12.85 0.00 35.22
Plan
14.26 13.61 10.35 13.11 8.86 0.00 10.93
Actual
12.91 18.68 10.59 13.60 1.53 0.00 9.80
Actual
72.35 43.36 45.60 27.11 1.53 0.00 29.37
Variance (%)
-15.29 -6.26 -0.73 0.26 -11.32 0.00 -5.85
Physical Progress
1 2 3 4 5 6
Yard Conversion
Topside Regas
Procurement
S-Curve
S-Curve
WBS
DESCRIPTION
Weight Factor
4.29% 70.27% 6.18% 14.89% 2.43% 1.95% TOTAL ---> 100.00%
This Month
0.44 0.52 0.96 0.00 0.00 0.45 0.45
Physical Progress
Up to this Month
44.55 9.82 7.07 0.00 0.00 9.43 9.43
Variance (%)
-23.53 -8.25 -4.51 0.00 0.00 -7.23 -7.23
2 3 4 5 6
Construction
ENGINEERING
Procurement