The feasibility study for the planned FSRU is under way and about half complete, according to Pertamina director for gas, Hari Karyuliarto.

Pertamina is said to prefer a conversion for this job as a newbuild would take more than three years and the intent is to lease a vessel to minimise the project’s capital expenditure.

Hari said that the expected cost would be between $60 million and $100 million for the onshore receiving facility.

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