“The estimated $20.9 billion Abadi LNG project sits in the Masela block in Arafura Sea, off the Tanimbar Islands, Maluku province. The project has been hit with many delays since gas was discovered there in 2000. Now, operator Inpex is targeting production to start in 2030.”
“The Abadi field is estimated to contain about 18.4 trillion cubic feet of gas reserves. Once operational, the facility is expected to produce approximately 9.5 million metric tons of LNG per year and up to 35,000 barrels of condensate per day and about 150 million cubic feet of pipeline natural gas per day. This will make Abadi the second-largest LNG project in Indonesia after the Tangguh fields operated by British major BP in West Papua.”
“Inpex holds a 65% participating interest in Abadi, followed by Indonesian state-owned energy conglomerate Pertamina with 20% and its Malaysian counterpart Petronas with 15%. The Southeast Asian companies joined the project in 2023 as energy major Shell sold its stake there.”
“Prabowo earlier said that Indonesia holds vast untapped gas reserves in areas including off the Natuna islands in the South China Sea, the Andaman blocks off the northern coast of Sumatra, and the Kutei Basin off East Kalimantan, where Italian major Eni announced a ‘significant’ discovery in December.”
https://asia.nikkei.com/business/energy/japan-s-inpex-breaks-ground-on-21bn-indonesia-lng-project