Andalas is planning to develop an IPP portfolio at the two gas fields which would have a capacity range of 250-500MW.
Sites identified along with the Indonesian energy giant, Pertamina are said to be within Andalas’ target area of Central Sumatra. According to Andalas, there is a considerable presence of gas fields having potential for the development of wellhead IPPs.
The company alongside the sub-surface team of Pertamina will carry out a comprehensive assessment of each of the gas field’s suitability to fire a future power plant of sufficient size.
Upon completion of the evaluation, Andalas plans to carry out a feasibility study at each of the new projects. Currently it is having a joint review of the undeveloped gas fields in possession with Pertamina and also with other operators.
According to Andalas CEO David Whitby, the company shared its know-how on the optimal method to monetize marginal gas fields through wellhead IPPs while Pertamina showcased a sampling of its gas assets inventory.
Whitby added: “The scalability of our gas-to-power offering in partnership with Pertamina is clear. In addition to the initial project, we have identified two additional fields within Pertamina’s unrivalled inventory of gas assets.
“All of this has been achieved within eight months of signing our partnership agreement with Pertamina and we look forward to updating shareholders as we continue to progress our cooperation with Pertamina.”
In late February, AIM traded Indonesian focused energy firm, Andalas completed a feasible study for its first 60MW wellhead gas-to-power project in partnership with Pertamina in Jambi, Sumatra. The project was evaluated to be viable and also expected to play a key role in meeting local demand for electricity.
