Pacific Oil & Gas (PO&G) is an independent energy development company focused on providing & meeting the increasing cleaner energy needs of emerging Asian economies. It develops, builds, owns and operates cost-competitive projects throughout the energy supply chain while maintaining its role as a responsible corporate citizen.
In the upstream sector, PO&G’s activities are concentrated on the exploration and production of oil and gas in Indonesia. Its midstream and downstream operations include a liquefied natural gas (LNG) receiving terminal and a combined cycle gas turbine (CCGT) power plant in China. For continued growth, it is in the process of developing gas-fired power plants & LNG receiving terminals in China, and an LNG export facility in Canada.
PO&G’s current key assets are strategically located in Indonesia and China, with an upcoming one in Canada:
- Woodfibre LNG Project - Annual capacity of 2.1 million tons In development
- Jiangsu Province
- Rudong LNG Receiving Terminal - 6.5 million tons per year (In operation)
- Wuxi CCGT Power Plant 800 megawatts (Under construction)
- Fujian Province
- Xiamen CCGT Power Plant - 780 MW (In operation)
- North Sumatra Province
- Kisaran Block - Exploration work completed
- MNK Kisaran PSC - Onshore unconventional oil and gas exploration block
- South Sumatra Province
- Jambi Merang Block (producing 120 BBTUD Gas; 6,000 BPD Gas)
In Canada, PO&G Woodfibre LNG Project is a mid-scale natural gas liquefaction and export facility located at a former pulp mill site in Squamish, British Columbia, about 70km northeast of Vancouver. The project has received approval from the Government of Canada to export LNG over a period of 40 years. The project has received environmental approvals from the provincial and federal governments as well as the local First Nation.