Jawa Satu FSRU

From Global Energy Monitor
(Redirected from Cilamaya LNG Terminal)
This article is part of the Global Fossil Infrastructure Tracker, a project of Global Energy Monitor.
Sub-articles:

Jawa Satu FSRU is an operating LNG terminal in West Java, Indonesia.[1]

Location

The terminal is located in Cilamaya in West Java, 110km down the coast from Jakarta.

Loading map...

Project Details

  • Operator: Jawa Satu Regas[1]
  • Owner: Jawa Satu Regas[1]
  • Parent: PT Pertamina, Sojitz, Marubeni[1]
  • Vessel name: Jawa Satu FSRU[1]
  • Location: Cilamaya, West Java, Indonesia
  • Coordinates: -6.2443159, 107.5832748 (approximate)
  • Capacity: 2.4 mtpa[1]
  • Status: Operating[1]
  • Type: Import
  • Start Year: 2021[1]
  • Financing: A US$604 million loan from Japan Bank for International Cooperation and, from commercial banks including Mitsubishi UFJ and Mizuho, a USD1.3 billion loan which is covered by Nippon Export and Investment Insurance – this financing also supports the associated PLTGU Jawa-1 power station[2]
  • Cost: US$300-400 million[3]
  • Associated Infrastructure: PLTGU Jawa-1 power station

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

In 2016 Indonesia’s state-owned electricity company PT Pertamina put out a tender for a fourth floating storage and regasification unit (FSRU) in Indonesia, at Cilamaya in West Java, to import 0.6 mtpa of natural gas.[4]

In February 2017 it was reported that Marubeni of Japan had formed a special-purpose company to build the PLTGU Jawa-1 power station. The SPV, Jawa Satu Power (JSP), will include Sojitz of Japan and PT Pertamina. JSP will build, own and manage a 1,760MW gas-fired power plant, importing LNG using the Cilamaya FSRU. Jawa 1 will be the country’s first integrated power project, scheduled to take in its first LNG cargoes in 2021.[5]

The project, estimated to cost around US$1.8 billion, will be financed by a loan from the Asian Development Bank (ADB), the Japan Bank for International Corporation (JBIC) and Nippon Export of Investment (NEXI). Additionally, a small portion of the funding will be provided as an equity investment from the SPV consortium.[6]

In December 2018 Pertamina, Marubeni, and Sojitz achieved financial close on the project. The project's investors include Japan Bank for International Cooperation, Nippon Export and Investment Insurance, the Asian Development Bank, Mizuho Bank, MUFG Bank and Overseas Chinese Banking Corporation.[7] In January 2020 it was reported that construction was 62.5% complete.[8]

Jawa Satu FSRU began operations in April 2021 when it received its first cargo.[1]

Articles and resources

References

Related GEM.wiki articles

External resources

External articles