Indonesia’s Tangguh LNG project reaches $7bn FID

HOUSTON, TEXAS (Editors at Energy Analytics Institute, 22.Nov.2024, Words: 259) — The joint venture (JV) partners of the Tangguh LNG Project led by bp, the project operator, have reached a Final Investment Decision (FID) on the Tangguh Ubadari, CCUS, Compression (UCC) Project, a $7bn initiative.

Tangguh LNG will have a LNG production capacity of 11.4 million tonnes per annum (mtpa), Mitsubishi Corporation said 22 Nov. 2024 in an official statement.