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View all search resultsOil and gas giants Inpex and Royal Dutch Shell have kicked off the preliminary front-end engineering design (pre-FEED) for the development of an onshore liquefied natural gas (LNG) plant at the Masela block in Arafura Sea, which is expected to go on stream by 2027.
The government has set a target for Japan-based Inpex and Dutch Shell to conduct a preliminary front-end engineering design (pre-FEED) for the development of the gas-rich Masela block in the Arafura Sea in January and to complete it by April at the latest.
The government is looking to roll out several fiscal incentives, including a tax holiday, for the buyers of gas to be produced at the Masela block in the Arafura Sea at a fixed price of US$5.86 per million British thermal unit (mmbtu).
Energy and Mineral Resources Minister Ignasius Jonan has said the onshore liquefied natural gas (LNG) plant for the gas-rich Masela block will most likely have a capacity of 9.5 million tons per annum (mtpa) and 150 million standard cubic feet per day (mmscfd).
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