Donggi-Senoro LNG project
Donggi-Senoro LNG project
LNG business Donggi-Senoro LNG project
The first LNG project built up by exclusively Asian Companies
The partners of Donggi-Senoro LNG project consist of Mitsubishi Corporation, Korea Gas Corporation, the Indonesian state-owned oil & gas company; Pertamina, and the Indonesia's largest publicly-listed energy company; Medco. The project has been contributing to society with production and sales of LNG. This is the first LNG project exclusively owned and operated by Asian companies without the participation of international oil majors, and also the first project in which Mitsubishi Corporation holds the largest shares (44.9%). LNG production commenced in August 2015, and the plant has been stably producing LNG since its start-up.
The project company, PT Donggi-Senoro LNG, liquefies natural gas supplied from Senoro-Toili block and Matindok block in Central Sulawesi, Indonesia. The company produces around 2 million tons of LNG annually, and the LNG is delivered to each buyer based on long-term agreements: JERA (1.0 million tons), Korea Gas Corporation (0.7 million tons) and Kyushu Electric Power (0.3 million tons).
LNG business
Shareholder Composition |
Sulawesi LNG Development (59.9%) [Mitsubishi Corporation/Korea Gas Corporation 75:25], PT Pertamina Hulu Energi (29%), PT Medco LNG Indonesia (11.1%) |
---|---|
Location | Central Sulawesi, Indonesia |
Equity share of production capacity | 900,000 tons/year |