Inpex Starts Construction of Indonesia's Abadi LNG Project

Japan's Inpex on Thursday launched construction of its long-delayed $21 billion Abadi LNG project in Indonesia's Masela gas block, in a ceremony that was livestreamed.

Production from the plant is expected to start around 2030.

Here are some details:

The Abadi LNG project will include an LNG plant with annual capacity of 9.5 million metric tons, and a gas pipeline facility with capacity of 150 million cubic feet per day.

Indonesian President Prabowo Subianto, who took part in the groundbreaking ceremony remotely from Jakarta, stressed the importance of energy security and said he expected the project to be delivered as soon as possible.

Takayuki Ueda, chief executive of Inpex, said at the ceremony that Abadi is "an extremely important project that contribute to energy security in Japan and across the Indo-Pacific region."

Inpex's discovery of gas in the Masela block was first announced in 2000, but the development of the project has been delayed due to a number of factors, including a request for change in designs by a previous government, the