Indonesia's PC Ketapang II launches construction on Bukit Panjang gas project
Indonesia's PC Ketapang II launches construction on Bukit Panjang gas project JAKARTA, June 18 (Reuters) - PC Ketapang II Ltd, a unit of the Searah joint venture between Italy's Eni and Malaysia's Petronas, has begun the physical construction work on its Bukit Panjang gas field in Indonesia, the company said in a statement on Thursday.
Here are some details:
PC Ketapang II reached a final investment decision for the gas project in East Java in April, and aims to reach the production phase in 2028.
The Bukit Panjang field is expected to reach peak production of 50 million standard cubic feet of gas per day and its production facility will be integrated into the company's existing infrastructure in the Ketapang working area.
Upstream oil and gas regulator SKK Migas expects Bukit Panjang to add 1,000 barrels per day of condensate and 189 metric tons per day of liquefied petroleum gas output, chairman Djoko Siswanto said in the same statement.
The Ketapang working area is part of the 19 gas assets under the portfolio of Searah, a newly launched joint venture that combines gas producing and development blocks in Indonesia and Malaysia.
(Reporting by Berandette Christina Munthe
Writing by Fransiska Nangoy; Editing by David Stanway)
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