SUBSCRIBE
PROFILE

Inpex Submits New Plan for Abadi LNG

Inpex, which is leading the investment in the Abadi LNG project in Indonesia, is expected to submit a new development plan. This will include a CCUS facility.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

SUBSCRIBE - 99$/year

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Inpex, a Japanese oil and gas company, is leading the investment in the Abadi LNG project. Located in Indonesia, its cost was estimated at some $20 billion. However, the project is experiencing numerous delays.

Inpex includes CCUS

Inpex is expected to submit a new development plan for the Indonesian gas project. This is to be presented by the end of the year. In addition, it will include a CCUS installation.

Dwi Soetjipto, chairman of Indonesia’s upstream oil and gas regulatory authority, says:

“Inpex, as the consortium leader, decided to include CCUS (carbon capture, utilization and storage), which means additional capital expenditures.”

In fact, he says the addition of the USAC is expected to result in an additional cost of $1.4 billion. In addition, Inpex would have to recalculate the value of the project due to the spike in gas prices.

Shell wants to divest its stake

At the same time, Shell has announced that it intends to sell 35% of its stake in the Abadi project. Thus, the Indonesian government is looking for a replacement. Bahlil Lahadalia, Minister of Investment, then raised the possibility of forming a new consortium.

The latter could be composed of Pertamina, the sovereign wealth fund Indonesia Investment Authority (INA) and other companies. In Jakarta, Inpex did not wish to comment.

  • Popular on energynews.pro
Korkia and Evolution Power secure approval for 250 MW solar project in the UK
Nordex raises full-year EBITDA margin guidance after strong third quarter results
LNG wave: 300 bcm by 2030, prices and contracts pivot according to the IEA
Cypress Creek secures $190mn financing for hybrid solar project in Colorado
TotalEnergies and Aljomaih secure 400 MW solar project in Saudi Arabia
Venezuela freezes gas cooperation with Trinidad over pro-U.S. political alignment
Caracas suspended its energy agreements with Trinidad and Tobago, citing a conflict of interest linked to the foreign policy of the new Trinidadian government, jeopardising several major cross-border gas projects.
TotalEnergies requests ten more years and $4.5 billion for its Mozambique project
TotalEnergies is asking Mozambique for a licence extension and financial compensation to restart its $20 billion gas project suspended since 2021 following an armed attack.
Italian court approves extradition of Ukrainian suspect in Nord Stream case
An Italian appeal court has approved the extradition to Germany of a former Ukrainian commander suspected of coordinating the 2022 sabotage of the Nord Stream gas pipeline, a decision now challenged in cassation.
QatarEnergy acquires 40% of North Rafah offshore block in Egypt alongside Eni
QatarEnergy has acquired a 40% stake in the North Rafah offshore exploration block, located off Egypt’s Mediterranean coast, strengthening its presence in the region in partnership with Italian group Eni.
Washington approves export of 112 mn m³/day of liquefied natural gas by CP2 LNG
The U.S. Department of Energy has given final approval to the CP2 LNG project, authorising liquefied natural gas exports to countries without free trade agreements.
LNG Energy Group settles $10.7mn debt and exits insolvency in Colombia
LNG Energy Group finalised a court-approved reorganisation agreement in Colombia and settled a major debt through asset transfer, while continuing its operational and financial recovery plan.
ExxonMobil receives Mozambique’s president ahead of investment in Rovuma LNG
Daniel Chapo is visiting the United States to encourage ExxonMobil to commit to a major investment in Rovuma LNG, a strategic gas project for Mozambique as TotalEnergies resumes its suspended operations.
Baker Hughes triples coiled tubing drilling fleet with Aramco in Saudi Arabia
Baker Hughes will expand its coiled tubing drilling fleet from four to ten units in Saudi Arabia’s gas fields under a multi-year agreement with Aramco, including operational management and underbalanced drilling services.
Tokyo Gas signs agreement for 1 MTPA of LNG with Glenfarne on Alaska LNG project
Tokyo Gas commits to one million tonnes per annum of liquefied natural gas under the Alaska LNG project, boosting Glenfarne’s commercial momentum after five agreements signed in seven months.
Indonesia Energy signs agreement with Aquila Energia for hybrid projects in Brazil
Indonesia Energy Corporation partners with Aquila Energia to develop two pilot projects combining solar and natural gas to power data centres in Brazil, under a non-binding framework supported by both governments.
Italian court reviews extradition of Ukrainian suspect in Nord Stream sabotage
A former Ukrainian soldier accused of taking part in the 2022 sabotage of the Nord Stream pipeline is at the centre of a contested extradition process between Italy and Germany, revived by a ruling from Italy’s Court of Cassation.
Caracas demands full payment for gas extracted from the Dragon field
Venezuela demands full financial compensation for any gas exports from the offshore Dragon field, reactivated following U.S. authorisation granted to Trinidad and Tobago.
Vistra acquires 2.6 GW gas portfolio from Lotus Infrastructure
Vistra Corp. finalises the purchase of seven natural gas power plants totalling 2.6 gigawatts, strengthening its presence in key US electricity markets.
Tidewater sells gas processing facility to Parallax for $5.5mn
Tidewater Midstream and Infrastructure has finalised the sale of its non-core Sylvan Lake site to Parallax Energy Operating for $5.5mn, with limited impact on its 2025 results.
U.S. natural gas exports to Mexico reach record high
U.S. gas deliveries to Mexico reached 7.5 billion cubic feet per day in May, driven by rising demand in the power sector and new cross-border interconnections.
Sonatrach restarts Skikda unit to boost LNG exports
The Algerian national company has restarted a key liquefaction unit in Skikda, strengthening its export capacity amid massive investment in the gas sector.
Qatar and the United States call on the European Union to ease sustainability rules
Doha and Washington warn Brussels about the consequences of EU sustainability requirements on liquefied natural gas exports, as the continent’s energy security remains under pressure.
Azule Energy confirms gas condensate discovery at Volans-1X well in Namibia
The Volans-1X exploration well revealed a 26-metre productive zone in the Orange Basin, marking another hydrocarbon find for Azule Energy partners in 2025.
Predator Oil & Gas launches sale process for its Guercif gas asset in Morocco
Faced with the absence of commercially viable results on the Guercif permit, Predator Oil & Gas has initiated a sale process while continuing technical evaluation of the gas potential.
Oxford Energy Institute forecasts +120 bcm in global gas demand at $6/MMBtu by 2035
According to the Oxford Institute for Energy Studies, a stable gas price of $6/MMBtu would boost global demand by 60 billion m³ in the short term and 120 billion m³ by 2035, mainly driven by Asia.

All the latest energy news, all the time

Annual subscription

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

START - 99$/year

Monthly subscription

Unlimited access • Archives included

5.2$/month*
then 14.90$ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.