Japan's Inpex to delay investment decision on Indonesia's Abadi LNG project due to pandemic, climate change


TOKYO, Aug 10 (Reuters): Japanese energy company Inpex Corp expects its final investment decision (FID) on the Abadi liquefied natural gas project in Indonesia to be delayed because Covid-19 has disrupted survey work and adjustments may be needed due to climate change, a senior executive said on Tuesday.

Japan's biggest oil and gas explorer said in July 2019 that it planned to start front-end engineering design (FEED) on the $20 billion project, also known as the Masela gas project, in 2020, with LNG production at the giant field due to start by 2027-2028. Inpex controls 65% of the project.

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Indonesia , Big Project , FRom , Japan , Inpex , US$20 Billion , Delayed

   

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