Japan’s JFE Engineering has agreed to build an LNG terminal on the Indonesian island of Batam in conjunction with Medco Energi Internasional, a major Indonesian power company, according to the Nikkei Asian Review.
The LNG imported via the proposed 1 mtpa facility will be used for power generation. The Japanese company plans to invest up to ¥1 billion ($8.8 million) in the joint operating company.
Talk to us
Natural Gas Daily welcomes your comments. Email us at email@example.com.