An outage at BP's Tangguh LNG plant in Indonesia disrupts LNG supplies just as Europe ramps up demand for the winter season.
An outage has forced the third train of BP’s Tangguh LNG project offline, Indonesia ’s upstream regulator said on Thursday, amid rising LNG demand as Europe and Asia stock up for the winter. A trip at the third train at BP’s facility in West Papua occurred earlier this week, with operations due to restart from Saturday, Hudi Suryodipuro, a spokesperson for Indonesia n regulator SKK Migas, told Reuters on Thursday.
In February this year, Train 3 at Tangguh LNG was offline for about a week, due to a broken component which had to be replaced. Tangguh LNG is a unitized development of six gas fields located in the Wiriagar, Berau, and Muturi Production Sharing Contracts PSCs in Bintuni Bay in Indonesia. The outage at the Indonesian plant comes just as the northern hemisphere is preparing for the winter and demand for LNG is rising.
LNG Outage BP Tangguh Europe Winter Gas Prices Supply Demand
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