PLN receives bids for Indonesia LNG terminal

Eric Watkins
Senior Correspondent

LOS ANGELES, Mar. 2 -- Indonesia's state-owned electricity company PLN is assessing bid documents submitted by investors for a contract to build an LNG receiving terminal in Bojonegare, Banten.

Seven foreign and local investors are reported to have submitted bid documents for the engineering, procurement, and construction tender. No date has been set for the tender and no LNG supply has been secured.

The $300 million project will form part of the government's plans to develop the port into an international hub. The port project, designed to reduce congestion in Jakarta's Tanjung Priok port, has been offered to investors.

SSA Marine from the US, Port of Singapore Authority, and International Continental Terminal Service Inc. of the Philippines all are said to have submitted letters of intent to build the project.

In January, the government said it will start operating a 100-m pier at the port to provide a berth for cargo ships such as coal carriers. Built by state-owned port operator Pelindo II, the pier will begin operations after installation of safety supporting equipment.

Contact Eric Watkins at hippalus@yahoo.com.

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