INPEX submits revised Abadi LNG proposal
TOKYO – INPEX Masela has submitted a revised plan of development (POD) to Indonesia’s government for the Abadi LNG project.
The revised scheme calls for an onshore LNG development scheme with a production capacity of 9.5 MMt/yr, fed by gas from the Abadi field in the Masela block in the Arafura Sea.
It follows a heads of agreement signed with the authorities last Sunday. In April 2016, they had instructed INPEX to resubmit a POD for the project, based on an onshore LNG.
Shunichiro Sugaya, president of INPEX Masela, said: “INPEX anticipates that the revised POD will be approved at an early stage, after which the company will work in partnership with Shell toward reaching FID and ultimately commencing production…”
In addition, the company and Shell have filed an application to amend the PSC for the Masela block to accommodate the time spent studying the previously proposed development scheme.
They aim to extend the term until 2055, subject to approvals, claiming that an extension is critical to realization of the project.