The company is understood to have narrowed down its preferred concepts to two — either a small floating liquefied natural gas solution or an offshore platform tying in to existing gas export infrastructure.

Sources said the company aims to present a development plan with its chosen concept to the Indonesian regulator SKK Migas before the year ends.

Black Platinum advises on its website that the oil and gas consultancy RISC Advisory has completed a conceptual field development plan that provided “robust economics for either an FLNG or piped gas development from the discovered Dara gas field”.

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