HomeNewsINPEX submits revised plan of development for Abadi LNG project, Masela Block, Indonesia

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INPEX submits revised plan of development for Abadi LNG project, Masela Block, Indonesia

4/4/2023

TOKYO, JAPAN - INPEX CORPORATION (INPEX) today announced that through its subsidiaryINPEX Masela, Ltd., it has submitted a revised Plan of Development (POD) for Abadi LNG Project(hereinafter “Project”) incorporating a carbon capture and storage (CCS) component to Indonesiangovernment authorities (hereinafter “authorities”) on behalf of the joint venture composed of INPEX and Shell. In February 2022, INPEX announced its long-term strategy INPEX Vision @2022 towards a netzero carbon society by 2050. As part of this initiative, the company has been in dialogue with theauthorities to ensure the Project’s competitiveness and sustainability from a long-term perspectivefor the duration of the ener

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