“Generally speaking, after FEED it takes, in the case of large-scale LNG projects, about five or six years for construction. However, since Indonesia is now facing the shortage of natural gas, we got a very strong request from the Indonesian government to accelerate the Abadi project,” said Ueda.
“We understand this is a very, very challenging issue. However, in talking to the Indonesian Government, we will make our best effort to accelerate it.”
This comes amid Inpex’s outlook that global LNG demand will nearly double by 2040 or 2050, with Asia accounting for more than half this growth.
AloJapan.com