BP (BP +1%) is planning to invest $12B in West Papua for the development of the Tangguh...

|About: BP p.l.c. (BP)|By:, SA News Editor

BP (BP +1%) is planning to invest $12B in West Papua for the development of the Tangguh liquefied natural gas project, the Jakarta Globe reports. Construction of a new refinery with the capacity to produce 3.8M tons/year is set to begin next year and is scheduled to be completed in 2017.