The Japanese oil and gas company Inpex has received approval from the Indonesian government for the revised plan of development (POD) for its Abadi LNG project in Indonesia, including an additional carbon capture and storage (CCS) component. The LNG project is located at 150 km offshore of the Saumlaki coast in the Maluku Province (Eastern Indonesia), and it will have a total natural gas output of 10.5 Mt/year and to generate up to approximately 35,000 bbl/d of condensate. It was listed by the Indonesian government as a national strategic project in June 2017. The Abadi LNG project is a joint venture of INPEX (65%), PHE (20%) and PETRONAS (15%), with INPEX being the operator after the transfer of Shell’s participating interest on October 2023.
In 2022, Indonesia had a liquefaction capacity of nearly 32 Mt/year (43 bcm/year) and a regasification capacity of 11 Mt/year (15 bcm/year). It exported over 10 bcm of LNG in 2021 and 2021.
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