Tangguh LNG Surpasses Mahakam Block in Lifting Gas

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12/06/2018 13:10 WIB

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Mahakam block production, operated by Pertamina Hulu Mahakam, only achieved 84% of its target lifting.

Natural Gas Realization/Lifting of 12 Main KKKS as of May 31, 2018

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Tangguh LNG Surpasses Mahakam Block in Lifting Gas

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Natural Gas Realization/Lifting of 12 Main KKKS as of May 31, 2018

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As of May 31, 2018, the realization of natural gas lifting was 6,487 mmscfd. Of the 12 main producing KKKS, Tangguh ranked first with 1,039.7 mmscfd. Mahakam ranked second with a lifting of 932.7 mmscfd.

These 12 main KKKS contributed a total of 85 percent to national lifting. Six major contractors performed below the 2018 State Budget (APBN) target over the past five months. However, the other six large contractors recorded lifting exceeding the target. Similarly, other contractors only achieved an average of 72 percent of their target.

According to the Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas), last month's realization was considered high for Tangguh. As the operator, BP Berau Ltd. reported lifting performance 4 percent above the set target. Meanwhile, Mahakam block production, managed by Pertamina Hulu Mahakam, only achieved 84% of its target.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."