Inpex takes steps toward $20bn Abadi LNG plant
The Japanese firm wants to submit a development plan for the 9.5m tonnes per annum LNG export project within weeks, having penned an agreement with the Indonesian government. The Abadi LNG plant is estimated to cost $18-20bn
The agreement signed between Inpex and the Indonesian government over the weekend brings the mega-LNG project back on track following years of delay after local authorities turned down an earlier proposal based on a floating liquefied natural gas unit