Connection

popular articles

Mike Cannon-Brookes redirects his investments to solar power in Australia
Marine turbines: an energy revolution underway in France
Guangzhou Gas: first LNG cargo for Nansha terminal
Gazprom and Iran reach strategic agreement on Russian Gas Supply
USA: US$1.2 billion agreement for EV battery plant

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.

Please share:

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.

Register free of charge for uninterrupted access.

Publicite

Latest news

Ukraine Accuses Slovakia of Blocking €2 Billion Gas Transit
Steelhead LNG accuses Cedar LNG of exploiting data for $1 billion
NANO Nuclear Energy acquires modular reactors for $8.5 million
China: CATL redefines safety with a chassis tested at 120 km/h
Canada records a 2.4% increase in electricity production in October

Recently published in

Europe bans Russian LNG transshipments for 2025

The European Union strengthens its energy sanctions against Russia by banning natural gas liquefied (LNG) transshipments in its ports from March, as part of its efforts to eliminate Russian fossil fuels by 2027.
Qatar aims to sell 61 million tons of uncontracted natural gas
Nearly 40% of Qatar’s projected liquefied natural gas volumes remain uncontracted, raising questions about its strategy amid growing international competition.
en_11401033540
Qatar aims to sell 61 million tons of uncontracted natural gas
Nearly 40% of Qatar’s projected liquefied natural gas volumes remain uncontracted, raising questions about its strategy amid growing international competition.
en_11401033540
Shell and Petronas Accelerate Offshore Projects in Suriname
Shell plans to drill four offshore wells in 2025 in Block 65, while Petronas explores new gas resources in Block 52, highlighting Suriname's energy potential.
en_1140956540
Shell and Petronas Accelerate Offshore Projects in Suriname
Shell plans to drill four offshore wells in 2025 in Block 65, while Petronas explores new gas resources in Block 52, highlighting Suriname's energy potential.
en_1140956540
Woodside acquires 16.67% of the North West Shelf project in Australia through an asset exchange
Woodside exchanges key stakes with Chevron to strengthen its assets in Australia, consolidating gas projects while increasing carbon storage capacity.
en_1140969540
Woodside acquires 16.67% of the North West Shelf project in Australia through an asset exchange
Woodside exchanges key stakes with Chevron to strengthen its assets in Australia, consolidating gas projects while increasing carbon storage capacity.
en_1140969540

US Sanctions Prompt 33% Increase in Turkey’s LNG Imports

Sanctions against Gazprombank drive Turkey to boost LNG imports. December sees a 33% rise, highlighting a strategic move to secure energy supply for winter.
United States: 31% Predicted Energy Cost Increase with LNG Export Growth
The DOE warns of economic and climate risks associated with increased liquefied natural gas (LNG) exports, with an estimated 31% rise in wholesale prices and significant social impacts.
en_1140941540
United States: 31% Predicted Energy Cost Increase with LNG Export Growth
The DOE warns of economic and climate risks associated with increased liquefied natural gas (LNG) exports, with an estimated 31% rise in wholesale prices and significant social impacts.
en_1140941540
The Dominican Republic installs a 470 MW natural gas plant with Generadora San Felipe
The new 470 MW natural gas power plant built by Generadora San Felipe will strengthen the Dominican Republic’s energy capacity, addressing strategic energy needs while reducing emissions.
en_1140943540
The Dominican Republic installs a 470 MW natural gas plant with Generadora San Felipe
The new 470 MW natural gas power plant built by Generadora San Felipe will strengthen the Dominican Republic’s energy capacity, addressing strategic energy needs while reducing emissions.
en_1140943540
The EU claims readiness for winter with high gas reserves and reduced consumption
European Energy Commissioner Dan Jorgensen assures that the European Union is prepared to face energy challenges this winter, despite pressure on gas reserves.
en_1140920540
The EU claims readiness for winter with high gas reserves and reduced consumption
European Energy Commissioner Dan Jorgensen assures that the European Union is prepared to face energy challenges this winter, despite pressure on gas reserves.
en_1140920540

GAIL secures 12 LNG cargoes per year with Qatar Energy Trading for 2025-2030

India’s GAIL has finalized a supply deal for 12 annual LNG cargoes with Qatar Energy Trading. This five-year contract addresses growing volume needs in a global market under strain.
Bosnia Embarks on Energy Diversification with New Gas Interconnection
Under international pressure, Bosnia passes a key law to diversify its natural gas supply, reducing total dependence on Russian gas through a connection to Croatia’s LNG terminal.
en_1140890540
Bosnia Embarks on Energy Diversification with New Gas Interconnection
Under international pressure, Bosnia passes a key law to diversify its natural gas supply, reducing total dependence on Russian gas through a connection to Croatia’s LNG terminal.
en_1140890540
Plaquemines LNG: A Historic Milestone in U.S. Liquefied Natural Gas Production
Venture Global announces the start of production at its second terminal, Plaquemines LNG, in Louisiana. This project, one of the fastest to achieve this critical milestone, marks a major advancement for the U.S. and global energy markets.
en_1140882540
Plaquemines LNG: A Historic Milestone in U.S. Liquefied Natural Gas Production
Venture Global announces the start of production at its second terminal, Plaquemines LNG, in Louisiana. This project, one of the fastest to achieve this critical milestone, marks a major advancement for the U.S. and global energy markets.
en_1140882540
OMV ends its historic gas contract with Gazprom
The Austrian group OMV has terminated its long-term contract with Gazprom, ending nearly six decades of energy dependency on Russia after a series of contractual violations.
en_1140869540
OMV ends its historic gas contract with Gazprom
The Austrian group OMV has terminated its long-term contract with Gazprom, ending nearly six decades of energy dependency on Russia after a series of contractual violations.
en_1140869540

Natural Gas Prices Expected to Rise by 34% This Winter, According to US EIA

The United States Energy Information Administration (EIA) forecasts a 34% increase in natural gas prices this winter, despite above-average stock levels and generally colder temperatures.
Ukraine Strengthens Energy Resilience with €80 Million EBRD Loan
A project financed by the EBRD and supported by international grants aims to install 100 MW of decentralized energy capacity in Ukraine, responding to the damage caused by Russian attacks on the national electricity grid.
en_1140787540
Ukraine Strengthens Energy Resilience with €80 Million EBRD Loan
A project financed by the EBRD and supported by international grants aims to install 100 MW of decentralized energy capacity in Ukraine, responding to the damage caused by Russian attacks on the national electricity grid.
en_1140787540
Argus Introduces First Daily Price Indices for Greek Natural Gas
Argus Media revolutionizes the energy market by launching daily price indices for Greek natural gas, providing unprecedented transparency in a context of growing volatility in Europe.
en_1140798540
Argus Introduces First Daily Price Indices for Greek Natural Gas
Argus Media revolutionizes the energy market by launching daily price indices for Greek natural gas, providing unprecedented transparency in a context of growing volatility in Europe.
en_1140798540
Egypt: Increase in Fuel Oil Imports Amid High LNG Prices
Egypt is turning to fuel oil to meet its energy needs as liquefied natural gas (LNG) prices remain high. This optimization strategy reflects changes in domestic demand and global economic constraints.
en_1140771540
Egypt: Increase in Fuel Oil Imports Amid High LNG Prices
Egypt is turning to fuel oil to meet its energy needs as liquefied natural gas (LNG) prices remain high. This optimization strategy reflects changes in domestic demand and global economic constraints.
en_1140771540

Spain boosts gas imports to meet demand

Facing high gas demand and insufficient renewable production, Spain increases its French imports and storage withdrawals while competing with the UK for LNG shipments.
Southern Star: A New Station to Meet Growing Natural Gas Demand in the Midwest
Faced with rising natural gas demand in Missouri and Kansas, Southern Star plans to build a 6,091-horsepower compression station to improve its transport capacity, addressing the needs of local markets and public utilities.
en_1140780540
Southern Star: A New Station to Meet Growing Natural Gas Demand in the Midwest
Faced with rising natural gas demand in Missouri and Kansas, Southern Star plans to build a 6,091-horsepower compression station to improve its transport capacity, addressing the needs of local markets and public utilities.
en_1140780540
Lithuania purchases an LNG terminal, strengthening its energy independence
Lithuania has finalized the purchase of a floating liquefied natural gas (LNG) terminal, named Independence, marking a decisive step in its strategy to reduce its historical dependence on Russian gas.
en_1140763540
Lithuania purchases an LNG terminal, strengthening its energy independence
Lithuania has finalized the purchase of a floating liquefied natural gas (LNG) terminal, named Independence, marking a decisive step in its strategy to reduce its historical dependence on Russian gas.
en_1140763540
France and the Netherlands: Priority Destinations for U.S. LNG in November
In November, Europe received more than half of U.S. LNG shipments, a strategic shift driven by winter needs and the competitiveness of American volumes in a challenging global energy landscape.
en_1140721540
France and the Netherlands: Priority Destinations for U.S. LNG in November
In November, Europe received more than half of U.S. LNG shipments, a strategic shift driven by winter needs and the competitiveness of American volumes in a challenging global energy landscape.
en_1140721540

Algeria Banks on Hassi R’Mel to Maintain its Key Role in the Gas Market

Sonatrach is investing $2.3 billion to optimize the Hassi R'Mel gas field, aiming to sustain natural gas production and strengthen Algeria's energy position in Africa and Europe.
The Anchois Gas Project in Morocco Suspended: Economic Viability in Question
Despite traces of gas identified at the Anchois-3 well, Energen announces the suspension of the offshore project in Morocco. The decision stems from low economic profitability, impacting the country's energy ambitions.
en_1140696540
The Anchois Gas Project in Morocco Suspended: Economic Viability in Question
Despite traces of gas identified at the Anchois-3 well, Energen announces the suspension of the offshore project in Morocco. The decision stems from low economic profitability, impacting the country's energy ambitions.
en_1140696540
Nigeria-Morocco Gas Pipeline: Tenders to Begin in 2025
The Nigeria-Morocco gas pipeline project progresses with tenders planned for 2025. This strategic project aims to strengthen economic integration and energy supply in Africa and Europe.
en_1140697540
Nigeria-Morocco Gas Pipeline: Tenders to Begin in 2025
The Nigeria-Morocco gas pipeline project progresses with tenders planned for 2025. This strategic project aims to strengthen economic integration and energy supply in Africa and Europe.
en_1140697540
Argentina: imminent auction to expand gas transportation capacity from Vaca Muerta
Argentina plans an auction to increase gas transportation capacity from Vaca Muerta. This $700 million project aims to reduce costly energy imports during winter.
en_1140711540
Argentina: imminent auction to expand gas transportation capacity from Vaca Muerta
Argentina plans an auction to increase gas transportation capacity from Vaca Muerta. This $700 million project aims to reduce costly energy imports during winter.
en_1140711540

Advertising

LEGAL

FOSSILS

POLICY

RENEWABLE

PLUS

VERVANT

Welcome

Your subscription

Included in this subscription:

COMMUNICATE ON ENERGYNEWS