Sirius Real Estate Share News (SRE)

(Corrects Tangguh project ownership details) JAKARTA, April 4 (Reuters) - * Oil major BP is targeting shipping 119 cargoes ofliquefied natural gas (LNG) from its Tangguh project inIndonesia's West Papua province this year, including 22 for thedomestic market, a company official said on Wednesday. * BP expects to keep the same balance of shipments forexport andthe domestic market unchanged up to 2020, BP Indonesia countryhead Dharmawan Samsu told a parliament hearing. * After 2020 BP will dedicate roughly one-third of the LNGoutputfrom Tangguh to the domestic market, or around 60 cargoes, Samsusaid. * Tangguh's annual output capacity is currently 7.6 milliontonnesof the super-cooled fuel from two LNG trains. * An LNG train liquefies natural gas by cooling it to aboutminus160 degrees Celsius, which condenses the gas to about 1/600th ofits volume for transportation by ship. * The Tangguh project currently has two LNG trains. A thirdtrainis currently under construction and is expected to be completedaround 2020, Samsu said. * BP leads the Tangguh project with a 40.22 percentparticipatinginterest. Its partners include China National Offshore Oil Co(CNOOC) and a venture between Mitsubishi Corpand Inpex, among others. The table below shows buyers of LNG from BP's Tangguhproject this year. Buyer (cargoes) Domestic PLN 20 PGN 2 Export Fujian 42 SK Korea 8 Posco 9 Tokoku 6 Sempra 3 Kansai 4 Itochu 6 ISE 1 Marubeni 6 Origin^ 4 DGI 2 Engie 1 Cheniere 1 Shell 4 Total 119 ^ spot sale (Reporting by Wilda Asmarini; Writing by Fergus Jensen; Editingby Christian Schmollinger and David Evans)