×
×
Project Insights

Inpex and Jakarta agree $20 bln Masela plan

First gas from the long-delayed Abadi field could flow in 2027 as Japan’s Inpex and the Indonesian government look set to agree terms later this month First gas from the long-delayed Abadi field could flow in 2027 as Japan’s Inpex and the Indonesian government look set to agree terms later this month.
By Damon Evans 6 June 2019 Asia Pacific / Exploration & Production 0 34279
A flow station off Indonesia. (SKKMigas)

The key issue: Japan’s Inpex and the Indonesian government are set to sign a final development plan for the long-delayed giant Masela gas project at the G20 Summit in Osaka on 28 June.

Interfax analysis: While it is positive that Indonesia’s Masela scheme appears to be finally gaining traction, an earlier decision on the gas project could have put it at the front of the surge of new global LNG supply projects.

Following meetings with Inpex in mid-May, officials from the Indonesian government have reported that a...