Inpex and Shell sign 20-year extension to Abadi block

INPEX and Shell have signed a 20-year, and seven year additional time allocation year, extension to their Masela block PSC with Indonesia’s SKK Migas as part of the Abadi LNG project. 

Inpex and Shell sign 20-year extension to Abadi block Inpex and Shell sign 20-year extension to Abadi block Inpex and Shell sign 20-year extension to Abadi block Inpex and Shell sign 20-year extension to Abadi block Inpex and Shell sign 20-year extension to Abadi block

Signing ceremony

Operator Inpex holds 65% and Shell 35%. First gas is expected in 2028. 
The agreement was signed in front of Indonesian energy and minerals minister Ignasius Jonan.