DOCSLIB.ORG

(Mro) Inventory in Pt Badak Ngl Final Project

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
(Mro) Inventory in Pt Badak Ngl Final Project ANALYSIS TO REDUCE POTENTIAL DEAD STOCK OF MAINTENANCE REPAIR & OPERATION (MRO) INVENTORY IN PT BADAK NGL FINAL PROJECT By: MOHAMAD FAROUK RIZA 29116309 Master of Business Administration Program School of Business Management Institut Teknologi Bandung 2019 ANALYSIS TO REDUCE POTENTIAL DEAD STOCK OF MAINTENANCE REPAIR & OPERATION (MRO) INVENTORY IN PT BADAK NGL MOHAMAD FAROUK RIZA NIM: 29116309 Date of Passing Final Test ( 22 / 01 / 2019) Date of Graduation Ceremony ( 05 / 04 / 2019) Master’s Programme, Bandung Institute of Technology, 2018 Thesis Counsellor: Dr. Eng. Nur Budi Mulyono ST.MT ABSTRACT PT Badak NGL is a non-profit company to operate the Bontang LNG Plant in East Kalimantan, the main job is to liquify the natural feed gas to become the Liquified Natural Gas (LNG). The whole assets of Bontang LNG Plant belong to Government of Indonesia, Ministry of Finance and PT Badak NGL runs with the given budget at actual cost. As the operator with at cost scheme, the efficiency and effectiveness of budget utilization is one of PT Badak NGL’s performance KPI, including the material Inventory stored in Warehouse. PT Badak NGL’s main inventory consists only the Maintenance Repair & Operation (MRO) material such as chemical and spare parts of equipment. The inventory performance indicator can be seen from the Inventory Value and its composition, Turnover Ratio and Service Level. According to the 2017 benchmarking result, Inventory performance of PT Badak NGL is below the average, especially on the Inventory Value aspect. Data taken from 2014 until 2018 shows that total Inventory Value of PT Badak NGL is around US$ 35 Million, but 73% of them is classified as the Potential Dead Stock (PDS); materials that more than 5 years stay in the warehouse. The Turnover Ratio from 2014-2018 is around 70% which means from 100% material come into the warehouse, only 70% come out (utilized) while the remaining 30% stays in the warehouse, and this happens every year and makes the contribution to the PDS. The Service Level itself is around 99% which is good because almost all material requested by the user can be fulfilled by the warehouse. This also indicates that the 27% material remain in the warehouse every year is not necessary to be used at that time. According to this condition, the business problem in this final project is “Inefficient MRO Inventory due to large PDS Materials over the years in PT Badak NGL. Using the Ishikawa (fishbone) Diagram and Focus Group Discussion, the main contributor to the problem is coming from the Inventory Method and Policies. Several alternative solutions have been developed and using Kepner-Tregoe Decision Analysis there are two solutions that should be conducted immediately to reduce the PDS, they are Apply Impairment Method and Recategorize Materials. Potential Problem Analysis is also conducted for those two solutions to anticipate any potential problem occurred and the choice of contingency plans. The implementation plan has also developed with the target can be finished by six months. Keywords: inventory, MRO, Kepner-Tregoe, PT Badak NGL, LNG, Potential Dead Stock i ANALYSIS TO REDUCE POTENTIAL DEAD STOCK OF MAINTENANCE REPAIR & OPERATION (MRO) INVENTORY IN PT BADAK NGL MOHAMAD FAROUK RIZA NIM: 29116309 Date of Passing Final Test ( 22 / 01 / 2019) Date of Graduation Ceremony ( 05 / 04 / 2019) Master’s Programme, Bandung Institute of Technology, 2018 Thesis Counsellor: Dr. Eng. Nur Budi Mulyono ST.MT ABSTRAK PT Badak NGL adalah perusahaan non profit yang mengoperasikan Kilang Bontang LNG di Kalimantan Timur, tugas utamanya adalah mencairkan gas alam menjadi Liquified Natural Gas (LNG). Seluruh asset kilang Bontang LNG adalah milik Pemerintah cq Department Keuangan. PT Badak NGL beroperasi menggunakan anggaran yang dipertanggung jawabkan secara at cost. Sebagai perusahaan yang beroperasi dengan skema at cost, efisiensi dan efektifitas penggunaan anggaran menjadi salah satu KPI PT Badak NGL, termasuk inventory terhadap material yang disimpan di Warehouse. Inventory utama PT Badak NGL adalah material Maintenance Repair & Operation (MRO) seperti bahan kimia dan suku cadang dari peralatan kilang. Indikator kinerja inventory dapat dilihat dari nilai inventory dan komposisinya, Turnover Ratio dan Service Level. Dari hasil benchmarking tahun 2017, kinerja inventory PT Badak NGL berada di bawah rata-rata. Data yang diambil dari tahun 2014 - 2018 menunjukkan bahwa total nilai inventory PT Badak NGL adalah sebesar US$ 35 juta, namun 73%nya diklasifikasikan sebagai material Potential Dead Stock (PDS) yaitu material yang tersimpan di warehouse lebih dari 5 tahun. Turnover Ratio dari tahun 2014-2018 adalah sekitar 70% yang berarti dari 100% material yang masuk ke dalam warehouse, hanya 70% yang keluar (digunakan) sedangkan sisanya 30% tetap tersimpan di warehouse, hal ini terjadi setiap tahun dan memberilan kontribusi terjadinya PDS. Sementara untuk Service Level berada di sekitar 99%, dimana hampir semua permintaan material dari user dapat dipenuhi oleh warehouse. Hal ini juga mengindikasikan bahwa 30% material yang tidak keluar dari warehouse setiap tahunnya memang tidak diperlukan pada saat itu. Dengan kondisi di atas maka permasalahan dalam final project ini adalah “Tidak efisienya inventory MRO akibat besarnya PDS dari tahun ke tahun di PT Badak NGL” Dengan menggunakan diagram Ishikawa (tulang ikan) dan Focus Group Discussion, penyebab utama dari permasalahan berasal dari metode dan kebijakan dalam inventory. Beberapa solusi alternative telah dibuat dan dengan menggunakan Analisa Pengambilan Keputusan Kepner- Tregoe, ada dua solusi yang harus dilaksanakan secepatnya untuk mengurangi PDS, yaitu mengaplikasikan metode impairment dan melakukan kategori ulang material yang ada. Analisa potensial masalah juga telah dilakukan untuk kedua solusi tersebut untuk mengantisipasi segala potensi masalah yang mungkin terjadi beserta rencana alternatifnya. Rencana pelaksanaan ditetapkan dengan target penyelesaian selama 6 bulan. Kata Kunci: inventory, MRO, Kepner-Tregoe, PT Badak NGL, LNG, Potential Dead Stock ii VAL I DATI O N PAG E ANALYSIS TO REDUCE POTENTIAL DEAD STOCK OF MAINTENANCE REPAIR & OPERATION (MRO) INVENTORY IN PT BADAK NGL By: MOHAMAD FAROUK RIZA NIM: 29116309 Master of Business Administration Program School of Business and Management Institut Teknologi Bandung Approved, Bandung, 2019 Final Project Advisor __________________________________________ Dr. Eng. Nur Budi Mulyono ST.MT iii .
Load more

Recommended publications
  • Annual Report 2007
    INDONESIAN PETROLEUM ASSOCIATION 2007 ANNUAL REPORT THIRTY-SIXTH GENERAL MEETING DECEMBER 5th, 2007 TABLE OF CONTENTS SECTION DESCRIPTION 1 President’s Report 2 Treasurer’s Report 3 Communications Committee Report 4 Convention Committee Report 5 Data Management Committee Report 6 Downstream Committee Report 7 Environment & Safety Committee Report 8 Finance & Tax Committee Report 9 Human Resources Committee Report 10 Indonesian Crude Price (ICP) Committee Report 11 KRIS Committee Report 12 LNG & Gas Sales Committee Report 13 Professional Division Committee Report 14 Regulatory Affairs Committee Report 15 Security & Local Relations Committee Report 16 Service Companies Committee Report 17 University Assistance Committee Report 18 List of Companies & Associates SECTION 1 INDONESIAN PETROLEUM ASSOCIATION PRESIDENT’S REPORT - 2007 by Chris A. Prattini On behalf of IPA Board of Directors December 2007 www.ipa.or.id Page 1 of 16 CONTENTS PAGE INTRODUCTION 4 IPA MEMBERSHIP AND OBJECTIVES 5 IPA PERFORMANCE AGAINST OBJECTIVES 6 GENERAL COMMENTARY 9 IN CONCLUSION 11 Page 2 of 16 LIST OF FIGURES FIGURE 1 HISTORICAL OIL & CONDENSATE PRODUCTION FIGURE 2 LIQUIDS PRODUCTION VS COMSUMPTION FIGURE 3 HISTORICAL INDONESIA LICENSE AWARDS FIGURE 4 – 9 2007 IPA OBJECTIVES FIGURE 10 HISTORICAL COST RECOVERY Page 3 of 16 INDONESIAN PETROLEUM ASSOCIATION President’s Report for 2007 INTRODUCTION Throughout this year, much emphasis has been placed on the critical need to restore and sustain growth in oil and gas production volumes. Preliminary figures suggest that gas production will continue its historical growth trend with a forecasted 7% increase from 2006 and projections of sustained growth over the next 3 years. Gas reserves have also increased as a result of numerous discoveries in both producing and exploration PSCs.
    [Show full text]
  • Oil and Gas in Indonesia Investment and Taxation Guide
    Oil and Gas in Indonesia Investment and Taxation Guide September 2019, 10th Edition www.pwc.com/id This page and cover photo courtesy of: PT Medco Energi Internasional Tbk. DISCLAIMER: This publication has been prepared for general guidance on matters of interest only, and does not constitute professional advice. You should not act upon the information contained in this publication without obtaining specific professional advice. No representation or warranty (express or implied) is given as to the accuracy or completeness of the information contained in this publication and, to the extent permitted by law, KAP Tanudiredja, Wibisana, Rintis & Rekan, PT Prima Wahana Caraka, PT PricewaterhouseCoopers Indonesia Advisory, PT PricewaterhouseCoopers Consulting Indonesia, and Melli Darsa & Co., Advocates & Legal Consultants, its members, employees, and agents do not accept or assume any liability, responsibility, or duty of care for any consequences of you or anyone else acting, or refraining to act, in reliance upon the information contained in this publication or for any decision based on it. Regulatory information is current to 31 July 2019. 1 Contents Glossary 4 Foreword 10 1 Industry Overview 12 2 Regulatory Framework 24 3 (Conventional) Upstream Sector 40 106 4 Gross Split PSCs 5 Downstream Sector 118 Service Providers 6 to the Upstream Sector 136 Appendices 142 About PwC | PwC Oil & Gas Contacts Insertion - Indonesian Oil & Gas Concessions and Major Infrastructure Map 147 Glossary Term Definition AFE Authorisation for Expenditure APBN Anggaran
    [Show full text]
  • Image and Showing Martabat Manusia
    2019 Laporan Berkelanjutan Sustainability Report Memperkuat Peran Pembangunan Berkelanjutan Strengthening Our Role in Sustainable Development PT Badak NGL Memperkuat Peran Pembangunan Berkelanjutan PT Badak NGL merupakan salah satu penggerak utama pembangunan Kota Bontang. Sejak awal beroperasi menghasilkan LNG pada tahun 1977, PT Badak NGL sudah menunjukkan kontribusi signifikan di kawasan Bontang yang awalnya adalah sebuah perkampungan kecil hingga pada tahun 1999 beralih menjadi kota administratif yang maju di Kalimantan Timur. Secara organisasi, PT Badak NGL memiliki keunikan tersendiri yaitu sebagai perusahaan yang tidak memiliki orientasi memperoleh laba sebagaimana perusahaan pada umumnya. PT Badak NGL bertugas menjadi operator kilang LNG yang seluruh asetnya merupakan milik Pemerintah Republik Indonesia. Oleh karena itu, PT Badak NGL hadir di Kota Bontang sejak awal berdiri mengemban misi memproduksi energi bersih dan menghasilkan manfaat sebesar mungkin bagi para pemangku kepentingannya. Dalam mengemban misi tersebut, PT Badak NGL terus berinovasi sehingga menjadi perusahaan energi kelas dunia seperti saat ini. Perusahaan mengedepankan tata kelola yang baik dan benar, proses produksi yang aman dan andal, pelestarian lingkungan hidup, kesejahteraan masyarakat sekitar, dan lingkungan kerja yang baik dalam kerangka pembangunan berkelanjutan. PT Badak NGL terus mempertahankan komitmen untuk tetap tumbuh dan memperkuat pembangunan berkelanjutan melalui berbagai inisiatif dan inovasi. Kami percaya, PT Badak NGL mampu beroperasi selama
    [Show full text]
  • GIIGNL Annual Report Profile
    The LNG industry GIIGNL Annual Report Profile Acknowledgements Profile We wish to thank all member companies for their contribution to the report and the GIIGNL is a non-profit organisation whose objective following international experts for their is to promote the development of activities related to comments and suggestions: LNG: purchasing, importing, processing, transportation, • Cybele Henriquez – Cheniere Energy handling, regasification and its various uses. • Najla Jamoussi – Cheniere Energy • Callum Bennett – Clarksons The Group constitutes a forum for exchange of • Laurent Hamou – Elengy information and experience among its 88 members in • Jacques Rottenberg – Elengy order to enhance the safety, reliability, efficiency and • María Ángeles de Vicente – Enagás sustainability of LNG import activities and in particular • Paul-Emmanuel Decroës – Engie the operation of LNG import terminals. • Oliver Simpson – Excelerate Energy • Andy Flower – Flower LNG • Magnus Koren – Höegh LNG • Mariana Ortiz – Naturgy Energy Group • Birthe van Vliet – Shell • Mika Iseki – Tokyo Gas • Yohei Hukins – Tokyo Gas • Donna DeWick – Total • Emmanuelle Viton – Total • Xinyi Zhang – Total © GIIGNL - International Group of Liquefied Natural Gas Importers All data and maps provided in this publication are for information purposes and shall be treated as indicative only. Under no circumstances shall they be regarded as data or maps intended for commercial use. Reproduction of the contents of this publication in any manner whatsoever is prohibited without prior
    [Show full text]
  • Evolution of Asset Management at Badak LNG Plant
    EVOLUTION OF “ASSET MANAGEMENT” AT BADAK LNG PLANT, BONTANG, INDONESIA Kartoyo PCP Reliability Engineering Group PT Badak NGL Bontang Indonesia 1. INTRODUCTION PT Badak NGL operates a LNG plant in Bontang - East Kalimantan, which has the highest LNG production capacity in the world. The company, a joint venture between the Indonesian Government (Pertamina), TOTALFINAELF Indonesie, VICO Indonesia and Jilco, started with two process Trains A and B in 1977. Since that time, major plant expansion projects have added 6 more trains in line with the PT Badak Master Plan. Currently, the total LNG production capacity of the eight process Trains (A, B, C, D, E, F, G and H) is 22.5 MTPA or 49.6 million m3 per year. This maximum annual capacity is based on a condition that all process trains always operate at their current Maximum Sustainable Rate (MSR) in the entire year. The more reliable the plant and the feed gas supply, the closer the actual annual capacity approaches to this maximum annual capacity. To systematically maintain the high actual annual capacity, PT Badak formed the Reliability Improvement Team (RIT) in 1996 that was replaced with the fully dedicated Reliability Engineering Group (REG) in 1999. The function of the reliability team is to assess plant reliability, identify top reliability issues, monitor action programs required to address each issue and evaluate the results. 2. AVAILABILITY AND RELIABILITY CONCEPT General definitions for production capacity, production losses, plant availability, etc. are defined in the table below and illustrated in Figure 2.1: Maximum sustainable rate : The official individual Train LNG production rate in M³/hr as used in the annual production forecast Annual maximum capacity : Maximum sustainable rate (MSR) x actual total hours in the entire year Technical maximum capacity : Annual capacity after deduction of schedule down time.
    [Show full text]
  • The LNG Industry
    The LNG industry GIIGNL ANNUAL REPORT 2019 REPORT GIIGNL ANNUAL GIIGNL ANNUAL REPORT2019 GIIGNL is a non-profit organisation whose objective is to promote the development of activities related to LNG: purchasing, importing, processing, transportation, handling, re-gasification and its various uses. The Group constitutes a forum for exchange profile of information and experience among its 81 members to enhance safety, reliability and efficiency of LNG import activities and the operation of LNG import terminals in particular. GIIGNL has a worldwide focus and its membership is composed of nearly all companies in the world active in the import and regasification terminalling of LNG. Key Figures 02 LNG trade in 2018 04 Contracts concluded in 2018 06 Medium-term and long-term contracts in force in 2018 08 LNG shipping 14 LNG imports in 2018 24 Liquefaction plants 32 contents Regasification terminals 37 World LNG Maps 46 Retail LNG in 2018 50 About GIIGNL 51 © GIIGNL - International Group of Liquefied Natural Gas Importers All data and maps provided in this publication are for information purposes and shall be treated as indicative only. Under no circumstances shall they be regarded as data or maps intended for commercial use. Reproduction of the contents of this publication in any manner whatsoever is prohibited without prior consent of the copyright owners. (Photo credits: © Elengy_Arnaud Brunet, Höegh LNG (cover) ; Inpex Corporation Mitsui O.S.K. Lines Ltd. ; Novatek ; Tokyo Gas Co. Ltd. ; AES) EDITORIAL The LNG industry in 2018 by the EU and US statement of intent in July or by the reciprocal tariff increase between US and China in September.
    [Show full text]
  • Ceraweek 2019 Partial Speakers List (As of 26 February 2019)
    CERAWeek 2019 Partial Speakers List (as of 26 February 2019) Public Officials Sultan Ahmed Al Jaber Minister of State, Group CEO of ADNOC UAE H.E. Suhail Mohamed Al Mazrouei Minister Ministry of Energy & Industry UAE Ibrahim Al-Muhanna Consultant & Advisor Ministry of Energy, Industry and Mineral Resources Saudi Arabia Ayed Al-Qahtani Director of Research OPEC Austria Minister Bento Albuquerque Minister Ministry of Mines and Energy Brazil Hon. John Peter Amewu Minister of Energy Ministry of Energy, Ghana Ghana Dr. Khalil Amine Sr Materials, Distinguished Fellow Argonne National Laboratory USA Brian J. Anderson Director National Energy Technology Laboratory (NETL) USA Doug Arent Deputy Associate Laboratory Director National Renewable Energy Laboratory USA Rita Baranwal Director Idaho National Laboratory USA HE Mohammad Sanusi Barkindo Secretary General OPEC Austria Dan Berkovitz Commissioner U.S. Commodity Futures Trading Commission (CFTC) USA Michael Berube Acting Deputy Assistant Secretary United States Department of Energy (DOE) USA Dr. Fatih Birol Executive Director International Energy Agency France Hon. Kanat Bozumbayev Minister Ministry of Energy Kazakhstan Dan Brouillette Deputy Secretary of Energy United States Department of Energy USA Hon. Linda Capuano, Ph.D. Administrator United States Energy Information Administration USA Alejandro Char Mayor Barranquilla Colombia Neil Chatterjee Chairman Federal Energy Regulatory Commission (FERC) USA Caoilin Chestnutt Queensland Commissioner Department of Natural Resources, Mines and Energy Australia Senator John Cornyn Majority Whip, US Senate (Texas) United States Senate (Texas) USA Lara Cottingham Chief Sustainability Officer City of Houston, Office of Sustainability USA Hon. Paul M. Dabbar Under Secretary for Science United States Department of Energy (DOE) USA Makan Delrahim Assistant Attorney General U.S.
    [Show full text]
  • Monday March, 11 Agenda
    Agenda Monday March, 11 10:30am - 11:15am Conference Opening: Geopolitical dialogue Geopolitical hot spots around the world could threaten regional and even global stability, with potentially far-reaching consequences for energy markets. How are US concerns over Russian engagement in US elections affecting American international diplomacy? Given tensions across Turkey, Iran, Saudi Arabia, Syria, Yemen—and links to the United States and Russia—is there any scenario for stability in the Middle East? How do tensions among great powers exacerbate the risk of crises unraveling? Carlos Pascual, Senior Vice President, IHS Markit Suzanne Maloney, Deputy Director of the Foreign Policy, The Brookings Institution Sir John Scarlett, Senior Advisor, Morgan Stanley Angela Stent, Author of Putin’s World: Russia against the West and with the Rest, Director, Center for Eurasian, Russian and East European Studies at Georgetown University Michael Green, SVP for Asia and Japan Chair, Center for Strategic and International Studies (CSIS), Director of Asian Studies at Georgetown University 11:15am - 12:00pm Fuels of the Future: The new rivalry Daniel Yergin, Vice Chairman, IHS Markit Arnaud Breuillac, President, Exploration and Production, TOTAL S.A. Jack Fusco, President and Chief Executive Officer, Cheniere Energy Maarten Wetselaar, Integrated Gas and New Energies Director, Royal Dutch Shell plc 12:00pm - 12:25pm Technology Leadership Dialogue Daniel Yergin, Vice Chairman, IHS Markit Andrew R. Jassy, Chief Executive Officer, Amazon Web Services (AWS) 12:30pm - 05:50pm Lyceum Labs: Afternoon Labs Developing Unconventional Assets: A simulation workshop 12:30pm - 03:30pm Reed Olmstead, Director, North America Plays and Basins, Upstream Oil and Gas Insight, IHS Markit The 5 Defining Characteristics of Shales 02:00pm - 02:50pm Raoul LeBlanc, Vice President, North American Unconventionals, IHS Markit What Does Digitalization Really Mean? 02:00pm - 02:50pm Babur Ozden, Founder and Chief Executive Officer, Maana, Inc.
    [Show full text]
  • Nigeria Strategic Gas Plan
    Nigeria Strategic Gas Plan Public Disclosure Authorized ESM279 71 ~ Public Disclosure Authorized . -0-So ~QAA Public Disclosure Authorized havl Energy Sector Management Assistance Programme ~~~~~~~~~~Reporl 279/04 Public Disclosure Authorized z £A 1XwA D ~ ~~~~~~~~~February JOINT UNDP/WORLD BANK ENERGY SECTOR MANAGEMENT ASSISTANCE PROGRAMME (ESMAP) PURPOSE The Joint UNDP/World Bank Energy Sector Management Assistance Programme (ESMAP) is a special global technical assistance partnership sponsored by the UNDP, the World Bank and bi-lateral official donors. Established with the support of UNDP and bilateral official donors in 1983, ESMAP is managed by the World Bank. ESMAP's mission is to promote the role of energy in poverty reduction and economic growth in an environmentally responsible manner. Its work applies to low-income, emerging, and transition economies and contributes to the achievement of intermationally agreed development goals. ESMAP interventions are knowledge products including free technical assistance, specific studies, advisory services, pilot projects, knowledge generation and dissemination, trainings, workshops and seminars, conferences and roundtables, and publications. ESMAP work is focused on three priority areas: access to modem energy for the poorest, the development of sustainable energy inarkets, and the promotion of environmentally sustainable energy practices. GOVERNANCE AND OPERATIONS ESMAP is governed by a Consultative Group (the ESMAP CG) composed of representatives of the UNDP and World Bank, other donors, and development experts from regions which benefit from ESMAP's assistance. The ESMAP CG is chaired by a World Bank Vice President, and advised by a Technical Advisory Group (TAG) of independent energy experts that reviews the Programme's strategic agenda, its work plan, and its achievements.
    [Show full text]
  • Maintaining Excellence in a Declining Production
    MAINTAINING EXCELLENCE IN A DECLINING PRODUCTION Novendri Herni Prasetyo Process & SHE Engineering PT Badak NGL Bontang – Indonesia Phone +62 548 553813 Fax +62 548 552234 [email protected] ABSTRACT PT Badak NGL operate and maintain the state owned Natural Gas Liquefaction Plant, situated in Bontang, East Kalimantan - Indonesia. In 1999, with the installation of Train H, the facilities reached its maximum capacity of 22.5 MTPA with 8 LNG Trains and 3 LNG/LPG Docks. Production quickly follows by reaching a maximum 21.4 MTPA in 2001. Since its golden year, Bontang LNG plant has endured a decade of decline in LNG Plant Production. The main target for the last decade, is to cope with plant capacity decline while at the same time maintain plant efficiency and excellent performance in all aspects. Defining the number of running trains, struggling to maintain Plant Thermal Efficiency (PTE), managing a performing workforce, being prepare for facilities to be put on long term idle/mothball, anticipating new gas sources with new characteristic are some of the problem dealt in the past decade. These efforts are paying off. Benchmark result shows that Bontang LNG Plant has one of the lowest operating cost and the lowest maintenance cost. After obtaining the ISRS 8 level 8 we are proud to say, Badak LNG Plant is the safest LNG Plant in the world. Now, with the Badak LNG Learning Center (BLC) and the dawn of a new era, we are ready to share the experience and the knowledge with the world. BACKGROUND PT Badak NGL (PTB) history began with the discovery of a large gas reserve in Muara Badak - East Kalimantan in 1972.
    [Show full text]
  • The LNG Industry
    COUV INT-EXT GIIGNL2009-V1.qxd:Mise en page 1 28/04/09 15:10 Page 2 The LNG industry 2009 Photos: Eiliv Leren Even Adland Philippe Dureuil 2008 COUV INT-EXT GIIGNL2009-V1.qxd:Mise en page 1 28/04/09 15:11 Page 3 GIIGNL-2009OK-V4.qxd:Mise en page 1 28/04/09 15:02 Page 1 The LNG Industry World energy situation The average annual growth of the world primary energy consumption has been 2.2% over the last ten years, with the highest growth rate observed for 2004 (+4.7%). In 2007, world primary energy consumption registered a 2.4% increase, still exceeding the 10-year average but less than for the four previous years. Summary As for the previous years, the Asia Pacific region shows the most important increase in volume for 2007, rising by 5% and accounting for two-third of the global growth (China alone accounts in 2007 for more than half of this global growth, as was already the case in 2005 and 2006). LNG contracts and trade 2 Over the last ten years, the world energy consumption rose from 8 920 106 toe in 1998 to 11 099 106 toe in 2007, a 24.4% overall increase. Contracts concluded in 2008 4 The breakdown for the major types of energy in 2007, as compared to 2006, was as follows: LNG imports - Sources of imports - Quantities received in 2008 5 Consumption by fuel ( in 106 toe) Year2007 2006 variation LNG tankers 6 Oil 3 953 3 911 + 1.1% Coal 3 178 3 042 + 4.5% Ships delivered 7 Natural gas 2 638 2 558 + 3.1% Nuclear 622 635 - 2.0% Tanker distribution 8 Hydroelectric 709 697 + 1.7% Liquefaction plants 9 Regasification plants 11 For the seventh year running, coal has increased its share of the overall energy market, up to 28.6%.
    [Show full text]
  • The LNG Industry in 2013 Editorial
    2013 The LNG Industry The LNG Industry in 2013 Editorial Over the years our annual statistical report about Looking at the medium to long-term, strong demand in Asia is “The LNG Industry” has become a reference expected to continue, especially in emerging markets, driven among document and convenient source of information others by China, with 4 terminalling projects under construction on LNG to companies, analysts and researchers. with a combined capacity of 12 Mt/y. Worldwide, more than 25 It is widely distributed and downloaded from our new terminals or terminal expansions are under construction with website, thus validating our group’s contribution to possible start-up by the end of 2015. a better understanding of the LNG industry. The pace of nuclear restarts in Japan and the role of nuclear in South We hope you will find this 2013 issue equally helpful in your Korea, factors not yet fully determined, will have a crucial impact on analyses and search for information. other LNG markets, in Asia and elsewhere. In 2013 the LNG markets remained extremely tight due to the On the supply side, markets should remain tight until 2016, demand pull from nuclear closures in Japan and South Korea and depending mostly on the completion performance of the Australian the difficulties to ramp-up production of new facilities in Angola and projects. From 2017 onwards we should expect a steep LNG supply Algeria, bringing LNG price levels in the Far East to record highs in growth in several regions (North America, Australia, East Africa, the first quarter. Russia) competing for the demand growth in Asia, South America and possibly the Middle East.
    [Show full text]