Indonesia: Feasibility Study: Asam Island LNG Project

PT. Nusatama Properta Panbil invites submission of qualifications and proposal data (collectively referred to as the “Proposal”) from interested U.S. firms that are qualified on the basis of experience and capability to execute a feasibility study for the proposed development of a liquefied natural gas (“LNG”) bunkering and breakbulk terminal on Asam Island in the Malacca Strait (the “Project”) in Indonesia.

Project Background

In 2015, Panbil received a request from the Government of Indonesia to support the development of Asam Island, located in Karimun District, Kepulauan Riau. The island is approximately 23 miles from the Port of Tanjung Pelepas, Malaysia, and about 22.5 miles from port facilities on Jurong Island, Singapore.

After evaluating multiple use options for the site, Panbil is now seeking to develop an LNG bunkering and breakbulk terminal on Asam Island. The subject feasibility study (“Study”) will support Panbil in developing the commercial and design elements of the proposed LNG terminal and breakbulk facilities.

About the Grantee

PT. Nusatama Properta Panbil is an Indonesian entity headquartered in Batam, Kepulauan Riau, with multiple portfolios in the energy, construction, and industrial real estate sectors. Panbil has been in business for more than two decades and has maintained its longest presence in Batam, where it operates the Panbil Industrial Estate (“Panbil”), comprised of 200 hectares of land, including an industrial area, residential villas, hotel, and residential apartment.

About the Study

The goal of the Study is to assess the market opportunity, analyze the economics, conduct preliminary environmental assessments, and develop preliminary design documentation for the Project. The Study will also support the Grantee in tracking regulatory requirements and initiating some legal and financial documentation needed to support the development of the LNG terminal. Up to this point, abundant site options assessment work has been completed by prior Offerors s evaluating the suitability island for terminal operations. This Study will focus on the commercial and design aspects of the LNG terminal based on the Asam Island site.

The U.S. firm selected will be paid in U.S. dollars from a $1,048,550 grant to the Grantee from the U.S. Trade and Development Agency.

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Indonesia: Feasibility Study: Asam Island LNG Project

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