Inpex to Get a Partner for the Abadi LNG Project by 2022: SKK Migas

oil and gas exploration
Summary

The Upstream Oil and Gas Business Regulatory Task Force (SKK Migas) targets Inpex Corporation to get partners working on the Masela Block Abadi LNG project by the end of this year. Head of SKK Migas Dwi Soetjipto said his agency would help Inpex seek partners this year.

While seeking partners, Inpex will finalize the approval of the Environmental Impact Analysis (AMDAL) document and the acquisition of non-forest land for the Abadi LNG project. "The Abadi Masela project is targeted for completion this year for its partnership and CCUS [carbon capture, utilization, and storage] studies," Dwi said on Friday.

SKK Migas is also still waiting for the revised plan of development (POD) from Inpex to include the CCUS facility in the Abadi LNG project. However, Inpex can only submit a revised POD if it has a new partner. "As far as I know, Inpex offers [the Abadi LNG Project] to various parties because it is quite attractive; the reserves are large," Dwi said.

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