Inpex’s $20-Billion Indonesia LNG Project Draws High Buyer Interest

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The planned Abadi LNG project in Indonesia has received interest from potential buyers to purchase gas from the facility in volumes exceeding the facility’s design capacity, according to the operator. Japan’s oil and gas producer Inpex owns 65% of the Abadi gas project and plans a final investment decision (FID) for the facility by 2027. The $20-billion Abadi LNG project has seen years of delays as it has had to change design concepts and then reorganize after supermajor Shell withdrew from the project nearly two years ago. In 2023,…