INPEX Corporation submits revised POD for Abadi LNG project to Indonesian government

The INPEX Corporation has submitted the revised plan of development (POD) for the Abadi LNG project through its subsidiary, INPEX Masela Limited, to the Indonesian government. The revised POD is based on an onshore LNG development scheme with an annual LNG production capacity of 9.5 million tonnes (mt). The project involves the development of the Abadi gas field in the Masela block located in the Arafura Sea in Indonesia.

In addition to submitting the revised POD, INPEX, in partnership with Shell, has filed an application to amend the production sharing contract (PSC) for the Masela block. This amendment accommodates the additional seven years’ time allocation to the PSC term. The time had been spent studying the previously proposed development scheme. The term of the PSC will be valid until 2055. The changes are subject to the approval of the authorities.