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Jakarta Post

Japan’s Inpex to start Masela construction

  • Stefanno Reinard Sulaiman

    The Jakarta Post

Jakarta   /   Wed, July 17 2019   /  12:34 am

Japanese energy firm Inpex Corp., the operator of the gas-rich Masela Block, is about to begin construction work on liquefied natural gas (LNG) facilities in the Arafura Sea after the project was in limbo for around two decades.The green light came as the government on Tuesday approved the revised plan of development (PoD) for the US$20 billion on-shore Abadi LNG project at the Masela Block. The approval was officially marked by Upstream Oil and Gas Regulatory Special Task Force (SKKMigas) chairman Dwi Sutjipto handing over the final PoD to Takayuki Ueda, the CEO of Inpex Corp., at the State Palace. President Joko “Jokowi” Widodo and Energy and Mineral Resources Minister Ignasius Jonan, among other people, witnessed the handover. Dwi said the President expressed his three wishes for Inpex with regard to the Masela project.“[The President] wants Inpex to commit to what has been agr...