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Masela-block

Japan’s Inpex signs gas sale MoU with state-owned PGN
Business 5 years ago

Japan’s Inpex signs gas sale MoU with state-owned PGN

Japanese energy firm Inpex has signed a memorandum of understanding (MoU) with a third Indonesian state-owned enterprise (SOE) this year to sell gas from its multibillion-dollar Abadi megaproject in Maluku.
Shell begins divestment of Masela block
Business 5 years ago

Shell begins divestment of Masela block

Shell’s plan to exit the Masela block dealt a major blow to Indonesia’s energy ambitions as the block, which holds 10.7 trillion cubic feet of proven gas reserves, carries the biggest investment value among Indonesia’s four nationally-strategic oil and gas assets.
As Chevron exit looms, Indonesia eyes Italian Eni to take over IDD gas megaproject
Business 5 years ago

As Chevron exit looms, Indonesia eyes Italian Eni to take over IDD gas megaproject

The government has approached Italian oil and gas company Eni to take over the project, said Energy and Mineral Resources Ministry acting oil and gas director general Ego Syahrial on Wednesday.
Shell plans to exit gas-rich Masela Block project
Business 5 years ago

Shell plans to exit gas-rich Masela Block project

They cannot just pull out like that. They have to remain committed to their plans for this year, even if it’s at a limping pace,” said SKK Migas operations deputy Julius Wiratno. “The show must go on.”
Maluku administration approves land plot for Masela gas project harbor
Business 6 years ago

Maluku administration approves land plot for Masela gas project harbor

The provincial administration said that acquiring the land – parts of which are currently owned by two different holders – would take about eight months.
PLN, Pupuk Indonesia to buy LNG from Masela plant
Business 6 years ago

PLN, Pupuk Indonesia to buy LNG from Masela plant

After years of delays, Inpex secured a final approval from the government in July 2019 to develop a US$20 billion LNG plant in the Masela Block in the Arafura Sea.
Construction of Abadi LNG facilities to contribute Rp 73 trillion to economy
Business 6 years ago

PREMIUM
Construction of Abadi LNG facilities to contribute Rp 73 trillion to economy

The Abadi LNG Project is expected to be able to produce 9.5 million metric tons of LNG per annum (mtpa) and up to 35,000 barrels of condensate per day.
After disagreements, Govt, Japan’s Inpex decide site for Masela block's LNG plant
Business 6 years ago

After disagreements, Govt, Japan’s Inpex decide site for Masela block's LNG plant

A liquified natural gas (LNG) plant is slated for construction on Yamdena Island, located in the southeastern Arafura sea, as part of the multi-billion dollar Masela oil and gas block project.
Even with giant Masela block, Pertamina predicts gas deficit in 2035 
Business 6 years ago

PREMIUM
Even with giant Masela block, Pertamina predicts gas deficit in 2035 

Even taking into account rich gas blocks such as the Masela Block, Jambarang Tiung Biru field (Cepu Block), Tangguh field (Berau Block) and Sakakemang Block, Indonesia will face an LNG deficit of 1,000 to 2,000 million metric standard cubic feet per day (mmscfd) by 2035, according to state energy giant Pertamina estimates.
SKK Migas upbeat Masela gas project will be completed on time
Business 6 years ago

PREMIUM
SKK Migas upbeat Masela gas project will be completed on time

The Masela Block’s development plan is expected to require US$18 billion to $20 billion.
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