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View all search resultsWhat is happening with RI’s strategic gas projects?
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our Indonesian strategic upstream gas projects are facing headwinds from pandemic-related restrictions and exiting operators, presenting challenges to the country’s ambition to become a major Asia Pacific gas exporter by 2030.
The four national strategic projects are expected to produce 65,000 barrels of oil per day (bopd) and 3,484 million standard cubic feet per day (mmscfd) of gas, according to Upstream Oil and Gas Special Regulatory Task Force (SKK Migas) data.
The projects are the Abadi field in the gas-rich Masela Block near Maluku; the Indonesia Deepwater Development (IDD) in the Makassar strait, near Sulawesi; Tangguh Train 3 in West Papua; and Jambaran Tiung Biru (JBT) in East Java. The combined value of the four projects is an estimated US$37.21 billion.
However, the two biggest projects, IDD and the Abadi field, are on the verge of losing a key stakeholder, throwing the projects’ future into the realm of uncertainty.
