Malaysian conglomerate Genting has been given the green light from Indonesian authorities to exploit the giant gas reserves on its Kasuri block in the remote West Papua province as a floating liquefied natural gas project, based on a reserves upgrade at the asset.
The operator is now free to move into the front-end engineering and design stage for Kasuri, which could lead to the ultimate exploitation of discoveries dating back more than a decade and be Indonesia’s first FLNG scheme to get off the drawing board.
