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Japan's deshi is to build a large liquefied natural gas plant in Indonesia to supply some of it to China

Japan's deshi is to build a large liquefied natural gas plant in Indonesia to supply some of it to China

  • Categories:Industry News
  • Author:
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  • Time of issue:2020-03-31 14:57
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Japan's deshi is to build a large liquefied natural gas plant in Indonesia to supply some of it to China

  • Categories:Industry News
  • Author:
  • Origin:
  • Time of issue:2020-03-31 14:57
  • Views:
Information

Japan and Indonesia have reached a basic agreement on the construction of a large liquefied natural gas (LNG) plant in the country.Total investment is expected to reach about 2 trillion yen.The annual production scale is about 9.5 million tons, which is the largest LNG plant operated by Japanese companies.The plant aims to start production in the second half of the 2020s.The products will be sold not only to Japan, but also to China, which has expanded its LNG procurement channels due to the rivalry between China and the us, in a bid to win Asian demand.

 

It is expected that tiishi and the Indonesian government will sign and release the development agreement as early as 16th.The company will develop the Abadi LNG project at the Masela mine off the east coast of Indonesia.Dishi acquired rights and interests in 1998.Di shi owns 65 per cent and anglo-dutch shell 35 per cent.

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