Meet Inpex Boss, SKK Migas Discusses Sustainability Of The Eternal LNG Project In Masela

Block Masela Illustration (Photo: Antara)

JAKARTA - The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) together with the INPEX Masela Cooperation Contract Contract Contract Contractor (KKKS), Ltd., held the Eternal Focus Group Discussion (FGD) LNG Project Overview and Updates as a follow-up to Kick Off which was held on 28 December.

In this FGD, SKK Migas and INPEX Masela, Ltd. in detail discussed various aspects related to the Eternal LNG Project. The discussion involved an in-depth explanation of the project based on the approval of Plan of Development (POD)-1 revision 2, the latest project status reports, progress on project development, as well as challenges and mitigation efforts that are being carried out.

In his remarks, the Head of SKK Migas, Dwi Soetjipto, underlined that scheduling, cost control, and ensuring vendor competitiveness are very important crucial aspects to ensure efficiency in the use of the project budget.

SKK Migas will not only play a supervisor, but will be directly involved in project implementation after the Final Investment Decision (FID). We will maintain the quality and integrity of this project, while ensuring that all stages of LNG Abadi Project development run according to plan," said Dwi, Wednesday, February 7.

Dwi also emphasized the importance of the LNG Abadi Project in the context of the energy transition in Indonesia and achieved a gas production target of 12 BSCFD (billion cubic foot standards per day) by 2030.

We ask all parties involved to focus on efforts and carry out tasks with full commitment to ensure that this project can reach the onstream stage according to the set schedule, namely in the fourth quarter of 2029, "he continued. Meanwhile, President Director of INPEX Masela, Ltd., Kenji Hasegawa, conveyed the commitment of INPEX Masela, Ltd. to run projects with efficiency and prioritize the principles of HSSE (Health, Safety, Security, and Environment) and quality.

"Good coordination and communication with SKK Migas is very important for the success of this project," he added.

Kenji also revealed plans ahead of the project, INPEX Masela, Ltd. and its partners, PT Pertamina Hulu Energi Masela, and Petronas Masela, Sdn.Bhd will continue operations including several activities at the location and prepare for Front-End Engineering Design (FEED) work.

Para pihak akan melanjutkan proyek dengan tujuan mencapai FID dan memulai produksi pada tahap awal setelah menyelesaikan persiapan yang diperlukan.

The LNG Abadi project is expected to reach an annual LNG production volume of 9.5 million tons and is expected to contribute to increasing the energy security of Indonesia, Japan, and other Asian countries. In addition, the hope is that this project will provide a stable clean energy supply in the long term. This is realized through resource optimization so that development can be carried out efficiently.

The CCS Project component is also an important element in efforts to achieve the zero goal of CO2 emissions by 2060 and contribute to economic and social development in eastern Indonesia.