JGC win EPC Contract for LNG project in Indonesia

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JGC win EPC Contract for LNG project in Indonesia

JGC Corporation in partnership with JGC Indonesia, a subsidiary of JGC Corporation, and PT Rekayasa Industri of Indonesia, has received an order for engineering, procurement and construction (EPC) work for the construction of a gas processing plant in Bojonegoro, East Java Province, Indonesia. The lump-sum turn key contract, valued at approximately100 billion Japanese Yen, of which the JGC Group share is approximately 40 billion Japanese Yen, was awarded by PT Pertamina EP Cepu (“PEPC”), a subsidiary of PT Pertamina (Persero) (“Pertamina”), Indonesia’s state-owned energy company.

The project contract calls for the design and construction of a plant to process 330 mmscfd natural gas (with 1% H2S and 34% CO2 content) for the production of 172 mmscfd sales gas, condensate and so on, from natural gas produced by the unitized Jambaran – Tiung Biru gas field in the Bojonegoro area developed by PEPC and its partners.

The Indonesian government has decided, as one of its important policies, to develop a domestic gas supply network to respond to the increasing energy demand in the country, and the project is listed as a strategic program following that policy. Plan is for the produced sales gas to be used principally by a gas-fired power plant of Indonesia’s state-owned electric power company in East Java Province.

Since the 1970s, JGC has carried out numerous projects for Pertamina. JGC understands that the contract has been awarded to JGC on the basis of its experience in Indonesia and the high evaluation accorded to its project execution capabilities, in addtion to its cost-competitive proposal.

In Indonesia, some additional big projects, such as brown and green field refinery projects planned by Pertamina, are under consideration. Through successful completion of this projeject and active sales activity as an engineering company which is able to respond to the various needs of clients in Indonecia, JGC intends to contribute further to the development of industries and improvement of living conditions in Indonesia.

Source: www.jgc.com

Moving Abroad Checklist

Initial Considerations

Will your partner be travelling with you?

If so, what will they be giving up in your present home and will they be able to continue with their career in your new home? You will need to check whether a separate visa is required for your partner to work or if your visa gives that right. If they are unable to work you will need to decide on the effect on your finances and what alternatives are available to give a fulfilling life (home business, training, voluntary work).

Are you taking family with you?

Moving with family raises many exciting opportunities, but also can create challenges. The HSBC Expat Explorer survey indicates that expat kids can take six months to settle in to their new country (see article). Getting young or even older children to prepare to move and leave their friends and family behind can be a challenge and should be thought through.

The options for education is another area that needs to be thought through.

Moving your child to a new country with a different education system can be a great opportunity to broaden their experience, but if they are close to key exams the timing can make this inadvisable. If you do take your family with you, it is important to decide between joining the local school system or choosing an international school.

Where will you be living?

Whether you will be living in a house or apartment, furnished or unfurnished, these decisions will affect what you need to take with you. The time you are planning to live overseas will also affect whether you should leave your property at home empty, rent it out or sell it. See the article Sell, Store or Ship.