Inpex’s LNG project in Indonesia back on track
Development plans for Indonesia’s most important gas field will now move to the environmental and engineering studies phase before an expected final investment decision within three years, and first gas in 2028. Challenges remain, but the outcome is a positive one after protracted negotiations
This is seen as one of the first few positive outcomes of President Joko Widodo’s recent election win for international investors in Indonesia’s long stagnant oil and gas sector