BP is planning to plough $10 billion over the next decade in Indonesia in order to boost production capacity at the 7.6mtpa Tangguh LNG plant and expand into coal-bed methane (CBM) projects in the country, Chief executive Bob Dudley told reporters on Friday. The UK-based company is set to submit a proposal to the Indonesian government in the next two months for the construction of a third train at the plant, and is considering building a fourth train.
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