Japan’s Inpex is reviewing its investment plans in light of the oil price decline induced by the impact of the coronavirus pandemic, casting doubt on the timely development of its $18 billion-plus grassroots Abadi liquefied natural gas project in Indonesia.

The company had been evaluating the front-end engineering and design bids for key elements of its Abadi project to exploit upwards of 10 trillion cubic feet of gas on the remote Masela production sharing contract.

Inpex has touted the latter 2020s as the start-up date for Abadi LNG, a project designated by the Indonesian government as being of national strategic interest, but the authorities would like it to be exploited without further delay.