07-09-2012, 11:27 PM
Quote from BP exec regarding Tangguh LNG 3rd train expansion. Last I checked, Tangguh is just a couple hundred miles or so from Gulf LNG site on the same island. I guess the same JP/SK interest would hold true for us, huh. BTW, Asian LNG demand is currently undersupplied through 2018.
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.... “Indonesia is very strategic to a lot of markets in Asia. For a lot of those buyers, Japanese and Korean, diversification is very important. They don’t want to buy all of their requirements for instance from the Middle East because if something adverse happens, energy security could be at risk”.....
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.... “Indonesia is very strategic to a lot of markets in Asia. For a lot of those buyers, Japanese and Korean, diversification is very important. They don’t want to buy all of their requirements for instance from the Middle East because if something adverse happens, energy security could be at risk”.....