Indonesian government authorities have approved the revised development plan for the long-delayed Abadi liquefied natural gas (LNG) project in eastern Indonesia.
Japanese energy company and project developer INPEX submitted a revised plan in April last year (2023) which incorporated a carbon capture and storage (CCS) facility into the existing plan.
According to a statement by the company, the project would be the first in which CCS-related costs are eligible for recovery based on the production-sharing contract that governs crude oil and natural gas upstream operations in the country.
In an effort to mobilise the project as a ‘clean project in support of the energy transition’, INPEX and its project partners plan to amend the PSC to include CCS into the contractual scope of work, resume project operations and prepare for front-end engineering and design work.
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