Japan’s Inpex is still progressing its Abadi liquefied natural gas project in Indonesia although its targeted start-up date now is not until “the early 2030s”.
Despite being designated as a project of national strategic importance, the delay would mean Abadi being unable to contribute to the republic’s goal of achieving daily gas production of 12 billion cubic feet by the end of this decade.
On Monday, Inpex confirmed it was continuing negotiations with the Indonesian government for the “re-revision” of the PoD and is now aiming to take the final investment decision “in the second half of the 2020s”.
