Loading...
Market
BP's Papua project boosts Indonesia's gas output by 2026?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Energy production reports from Indonesia's Ministry of Energy and Mineral Resources
Story
BP and Partners Announce $7 Billion Investment in Papua Carbon Capture and Gas Field Project
Nov 22, 2024, 03:57 AM
BP and its partners have announced a $7 billion investment in a carbon capture project and gas field development in Indonesia's Papua region. The project is expected to unlock 3 trillion cubic feet of additional gas resources. This initiative is part of BP's broader strategy to enhance its natural gas capabilities in Southeast Asia, which is crucial for the region's energy transition. The investment comes amid disruptions at BP's Tangguh LNG project in Indonesia.
View original story
Similar markets
United States • 25%
United Kingdom • 25%
Germany • 25%
Other • 25%
Project in Asia-Pacific • 25%
Project in Europe • 25%
Project in North America • 25%
No major project announced • 25%
Asia-Pacific • 25%
Europe • 25%
North America • 25%
Other • 25%
United States • 25%
Australia • 25%
China • 25%
Other • 25%
Less than 5% • 25%
5% to 10% • 25%
10% to 20% • 25%
More than 20% • 25%
Yes • 50%
No • 50%
Yes • 50%
No • 50%
Increase by more than 10% • 25%
Increase by 5-10% • 25%
Increase by less than 5% • 25%
No significant increase • 25%
