ML sekarang juga mulai masuk sektor riil ... hehhe ---------- Forwarded message ---------- From: Joel Horsley Date: Jan 3, 2008 9:17 AM
Dear Milis, Dari research saya, saya ketemu 2 project LNG di PNG yang akan mulai di masa depan. Nomor 1 adalah LNG plant PNG Liquid Niugini Gas yang miliki oleh Conoco Phillips gas ini expected in 2012. Yang kedua LNG yang miliki Exxon Mobil dan gas ini expected 2013. Apakah kalian pikir PNG cukup kuat untuk 2 LNG plants? Di bawa ada 2 article tentang project ini, Kalau anda sedang kerja di project ini, ada informasi tambahan atau punya teman yang kerja di project ini tolong bantu saya ya! Bechtel and CB&I get set for final showdown at Liquid Niugini Gas Liquid Niugini Gas is near to selecting either Bechtel or CB&I for the major turnkey contract on its planned $5 billion to $7 billion liquefied natural gas project in Papua New Guinea, writes Russell Searancke. Liquid Niugini Gas is the PNG-based entity that will own and operate the facility on behalf of its owners InterOil, Merrill Lynch and Pacific LNG. Sources said it has been a close-run competition between Bechtel and CB&I, with the former pushing the Cascade liquefaction technology it promotes with creator ConocoPhillips, and CB&I offering Air Products' technology. The winner will be the project's downstream contractor, responsible for a compression station near the south coast, 36-inch onshore and offshore gas pipelines, the LNG processing plant near InterOil's refinery at Napa Napa, and a liquids facility. Liquid Niugini Gas chief executive Jack Hamilton said the company is in the final stages of talks with its favoured contractor and is aiming to close this out before Christmas. The plan is to start front-end engineering and design in early 2008, but before this happens the partners require project agreements with the PNG government, and the schedule was looking "tight", said Hamilton. Unlike upstream developments in PNG, the state does not have a back-in right to Liquid Niugini Gas' scheme, but the operator has given the government an option of a 10% stake in the project. InterOil is responsible for the upstream side of the project, said Hamilton, and will source its own contractor or contractors. Hamilton reiterated that the company is eager to fast track its project to deliver first LNG by 2012 at the latest. "We're focused on 2012," he said, adding that "it means we can get ahead of the wave of LNG projects in the region" including Australia and Sakhalin, in Russia's far east. The project calls for a two-train, 9 million tonnes per annum liquefaction plant with processing capacity of a nominal 1.6 billion cubic feet per day of gas, condensate and natural gas liquids. Merrill Lynch has committed to buy the entire output from the project's first train, for sale in the US, while the second train will be marketed in Asia. LNG market watchers are cautious about the proposals to use InterOil's Elk field to provide the project's gas feedstock, but InterOil and Liquid Niugini Gas are bullish about the resource. Hamilton said gas-in-place reserves at Elk are between 3.5 trillion cubic feet and 18 Tcf. "With Elk success, this is a standalone project able to proceed now," he said. InterOil recently spudded the Elk-4 appraisal well, which is designed to drill the high-pressure gas column at the Elk-1 discovery well and to intersect the underlying Antelope structure. Hamilton said the continued appraisal of Elk will determine the need and speed for third-party gas, if any, based on a minimum requirement of 4 Tcf for the first train. The project is modelled on the Marathon-led Equatorial Guinea LNG scheme that delivered first shipments this year. InterOil boss Phil Mulacek told analysts recently of Marathon's "unique" strategy in Equatorial Guinea. He said Marathon began FEED at about 2 Tcf, "and while they were building the plant... they went into a firm final investment position". Liquid Niugini Gas' model mirrors this approach, and could lead to construction kicking off before a final investment decision. Hamilton said the company's construction strategy would likely see the compression station built offshore and shipped to PNG in modules, but the LNG plant and liquids facility were likely to be built in PNG from the ground up. ---------------------------------------------------------- ---------------------------------------------------------- ---------------------------------------------------------- ---------------------------------------------------------- --------------------- KBR eyes PNG prize RUSSELL SEARANCKE, Wellington KBR is standing by to provide a leading upstream and downstream role in ExxonMobil's proposed $10 billion liquefied natural gas project in Papua New Guinea. The US company is understood to have the upstream aspect of the project sewn up through its EoS joint venture with WorleyParsons, while on the downstream LNG side, KBR and Japan's JGC Corporation have a competitive edge over Bechtel, the only rival for the job. At stake is a principal role as the front-end engineering and design contractor, with the lucrative and prestigious project management contracts to follow. Sources said there is a fair amount of predictability about KBR being successful on both upstream and downstream fronts. On the upstream side, the EoS alliance was ExxonMobil's FEED contractor for the precursor to the LNG project the failed PNG-to-Australia gas pipeline scheme. EoS carried out a full FEED for the PNG-to-Australia project covering all the facility requirements in PNG including onshore and offshore pipelines. Notwithstanding EoS' understanding of the upstream needs for ExxonMobil's LNG scheme, the upstream component is elaborate and complex. It is technically difficult because the project's gas fields are in the rugged jungles of the Southern Highlands. There is no existing natural gas infrastructure in PNG. The country produces about 50,000 barrels per day of oil and a small amount of gas for a local mine. A 311-kilometre 32-inch onshore gas pipeline will carry gas to a station on PNG's south coast. From there, a 400-kilometre 32-inch subsea pipeline will send the gas to the planned onshore LNG plant at Konebada, Port Moresby. ExxonMobil has not yet committed to FEED. This is likely in the first quarter of 2008 once certain government and joint venture approvals are dealt with. The EoS team will polish up the FEED work it has already completed then help ExxonMobil put together invitations to bid for lumpsum turnkey construction and installation contracts, said sources. On the downstream side, KBR-JGC and Bechtel have carried out parallel pre-FEED studies for ExxonMobil. Sources said it looked inevitable that KBR will get the nod ahead of Bechtel for the large downstream role, and that JGC's services may not be required. The pre-FEED work considered a single large train of up to 6.3 million tpa and dual smaller trains. It is understood that KBR offered Air Products' liquefaction technology while Bechtel proposed the Cascade technique, which was created by ConocoPhillips and is promoted in partnership with Bechtel. Like the upstream side of the project, the downstream component has many challenges. ExxonMobil has not yet indicated its preferred construction model for the LNG plant. Sources suggested that building the plant from the ground up is the likely avenue. Project co-venturer Oil Search said recently that a "material offloading facility" will be built for the transfer of equipment and materials during construction and operations. Supporting facilities and infrastructure will include a large camp to support about 7500 construction staff and 500 operations personnel. Major upgrades of existing roads to Port Moresby and around the LNG facility will also be needed. Meanwhile, ExxonMobil is working hard with its co-venturers and the government to settle several issues prior to embarking on FEED, including a unitisation agreement and fiscal terms. Well-placed sources said these talks are going according to plan, and there are no stumbling blocks anticipated seeing as the co-venturers and government are obsessed with commercialising their stranded gas reserves as soon as possible. The project partners want to make a financial investment decision in 2008 and deliver first LNG exports in 2013. However, the state stands to earn a stake of between 18% and 20% once it exercises its back-in rights. The LNG project may need between 10 Tcf and 12 Tcf of gas reserves during its lifetime. Gas is earmarked to come from the ExxonMobil-operated Hides, Juha and Angore fields, and possibly the Oil Search-operated Kutubu, Agogo, Moran and Gobe fields. Saya harap informasi ini berguna, Salam, Joel Horsley,
