Inpex granted approval for revised Abadi LNG project with CCS component
Inpex Masela Ltd., an Inpex Corp. subsidiary, received official approval from Indonesian government authorities for its revised plan of development (POD) for the 9.5-million tonne/year (tpy) Abadi LNG liquefaction project in Masela block, Indonesia, incorporating a carbon capture and storage (CCS) component.
INPEX submitted the plan aimed at neutralizing CO2 emitted from natural gas production at Abadi gas field through the introduction of CCS (OGJ Online, Apr. 6, 2023). The field contains an estimated 10.7 tcf of gas.
The project is a joint venture comprised of Inpex Masela (operator, 65%), PT Pertamina Hulu Energi Masela (PHE Masela, 20%), and Petronas Masela Sdn. Bhd. (15%).
Approval paves the way for the partners to “fully mobilize the project as a clean project in support of the energy transition,” Inpex said in a release Dec. 6.
Going forward, Inpex and its partners will pursue the revision of the production sharing contract to incorporate CCS into the contractual scope of work and resume project operations including on-site activities and prepare for FEED work.
Thereafter, the joint venture aim to reach a final investment decision (FID).
PHE Masela and Petronas Masela became official partners of the project on Oct. 18, 2023, following completion the transfer of Shell’s participating interest (OGJ Online, July 25, 2023; July 8, 2020).
