Japan's Inpex has commenced pre-FEED work for the Abadi onshore LNG Project, the Masela Block, located in the Arafura Sea in Indonesia.
Inpex is now set to begin pre-FEED work based on an onshore LNG development scheme with an annual LNG production capacity of 9.5 million tons.This is a major milestone in the development of the Abadi LNG Project.
In a statement Inpex said it will come up with a detailed revised plan of development (POD) contingent on the results of the pre-FEED work and ongoing discussions with the Indonesian authorities to achieve a cost efficient and economically competitive project.
Following government approval of the revised POD, a series of subsequent evaluations including front-end engineering and design (FEED) work will be carried out leading to a final investment decision (FID).
The project is operated through Inpex subsidiary Inpex Masela and has a 65 perc entshare and Shell has the remaining 35 per cent stake.