Located in Viqueque in Timor-Leste, the Beaco LNG liquefaction terminal is owned by Timor Gap EP. According to GlobalData, who tracks more than 1,100 active and developing LNG terminals worldwide, it will be operated by Timor Gap EP, once it becomes operational in 2027. Buy the profile here.
The Beaco LNG liquefaction terminal will source gas from Greater Sunrise field.
With one train, Beaco terminal will have an initial LNG production capacity of 5Mtpa (million tons per annum).
During the period 2021-2025, the Beaco liquefaction plant is expected to witness an estimated capex of $1,536m.
About Timor Gap EP
Timor Gap EP (Timor Gap) is an oil and gas company. The company operates in the business of upstream and downstream petroleum services. Its upstream petroleum services include onshore and offshore operations and management. Timor Gap offers onshore and offshore petroleum services such as processing, storage, transportation, refining, import, exportation, distribution, marketing, and sale of petroleum and its by-products. Timor Gap holds an interest in the Tasi Mane project. The company works through its partnerships and joint ventures to deliver its products and services around Timor-Leste. TIMOR GAP is headquartered in Dili, Timor-Leste.
For more details on the Beaco LNG liquefaction terminal, buy the profile here.