http://www.guidechem.com/news/2011/04/22/13431.html
Germanys Ferrostaal AG plans to begin construction of a $900 million methanol cum dimethyl ether plant in West Papua in 2013, the company confirmed late Tuesday.
Indonesian news reports said that Ferrostaal will invest $900 million to build the plant, which will have a design capacity of 1 million mt/year of methanol and 200,000 mt/year of DME, and begin operations in 2016.
We confirm that we are interested in producing methanol and dimethyl ether in West Papua. Nevertheless, this depends on the allotment of a requested gas allocation, which needs to be approved by the relevant Indonesian authorities, the company told Platts.
The plant intends to obtain its gas feedstock from the Tangguh LNG plant.
The Tangguh LNG project, which is located in Bintuni Bay of Indonesias far eastern Papua province, comprises two trains with a design capacity of 7.6 million mt/year.
BP has a 37.16% stake in Tangguh LNG. The other stake holders are Chinas CNOOC (13.90%), Japanese joint venture MI Berau (16.30%), Japans JX Nippon Oil & Gas Exploration (12.23%), Japanese venture KG Companies (10%), LNG Japan (7.35%) and Canadas Talisman (3.06%).
Indonesian news reports said that Ferrostaal will invest $900 million to build the plant, which will have a design capacity of 1 million mt/year of methanol and 200,000 mt/year of DME, and begin operations in 2016.
We confirm that we are interested in producing methanol and dimethyl ether in West Papua. Nevertheless, this depends on the allotment of a requested gas allocation, which needs to be approved by the relevant Indonesian authorities, the company told Platts.
The plant intends to obtain its gas feedstock from the Tangguh LNG plant.
The Tangguh LNG project, which is located in Bintuni Bay of Indonesias far eastern Papua province, comprises two trains with a design capacity of 7.6 million mt/year.
BP has a 37.16% stake in Tangguh LNG. The other stake holders are Chinas CNOOC (13.90%), Japanese joint venture MI Berau (16.30%), Japans JX Nippon Oil & Gas Exploration (12.23%), Japanese venture KG Companies (10%), LNG Japan (7.35%) and Canadas Talisman (3.06%).
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