BP sells electricity to PLN
The Jakarta Post
The Jakarta Post
British Petroleum (BP) signed a supply and offtake agreement (SOA) on Thursday to provide state electricity company PLN a supply of 4 megawatts (MW) of electricity to be sold and distributed to the residential communities of Teluk Bintuni regency in West Papua.
The agreement was signed at PLN's office in Jakarta by William Lin, BP regional president Asia-Pacific and PLN's president, Nur Pamudj, BP said in a statement.
'This reflects our intention to support economic development in West Papua. Today's agreement allows us to supply the first phase of 4 MW of electricity from the Tangguh LNG plant to light hundreds of homes and businesses on the north and south shores of Teluk Bintuni,' Lin said at the signing ceremony.
The SOA was signed following a memorandum of understanding that was inked in May 2012, and is part of the expansion plan for Tangguh LNG. The terms of the agreement allow the supply of electricity to PLN for 20 years for the areas surrounding the Tangguh LNG plant in Teluk Bintuni.
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