Asia is underweight when it comes to using FSRUs and FSUs. In 2016 Asia accounted for around 70% of global LNG imports, but only about 20% of FSRU trade. But The outlook for FSRUs in Asia is however positive. Asia is not only the biggest, but it also is the fastest growing region for LNG. In our LNG corporate service we track Asia’s emerging LNG buyers. In Q1 2017 there were 65 companies, who have announced plans to import LNG across the region. Many of these emerging buyers will be looking to FSRUs as a cheaper and faster way to import LNG.
The Bontang LNG in Indonesia is a 8-train LNG development operated by PT Badak Natural Gas Liquefaction Co, which compromises PERTAMINA, VICO, Japan Indonesia LNG and Total. The Bontang LNG commercial overview outlines the project development and commercial structure. It explores the key issues facing the project, details the contracts and contains plant field location maps and an FOB breakeven analysis. Please see the Attaka Unit, East Kalimantan, Ganal (IDD), Makassar (IDD), Muara Bakau (Jangkrik), Offshore Mahakam, Rapak (IDD) and Sanga Sanga report for details of upstream assets that feed into the project.