INPEX extends strategic collaboration agreement with PT Pertamina for Abadi LNG project
Type: Partnership · Technology: Oil Gas · Country: Indonesia · Announced: 2026-03-31
INPEX Corporation, through its subsidiary INPEX Masela, extended a strategic collaboration agreement with PT Pertamina to advance the Abadi LNG project in the Masela Block in the Arafura Sea. This extension builds upon a previous agreement established between the companies in 2023, deepening INPEX's presence in Indonesia and Southeast Asia. The collaboration focuses on the entire LNG value chain linked to the Abadi project, aligning with INPEX's Vision 2035 strategy to expand its natural gas and LNG business. This partnership reinforces INPEX's long-standing operational history in Indonesia, which dates back to the 1960s, and aims to strengthen its business footprint in the region through strategic project development.
Analysis
INPEX Corporation, through INPEX Masela, has extended its strategic collaboration agreement with PT Pertamina to advance the Abadi LNG project in the Masela Block, Indonesia. This partnership builds on a 2023 agreement and focuses on the entire LNG value chain for the Abadi project. INPEX, a Tokyo-based global oil and gas company, has operational history in Indonesia dating back to the 1960s. The agreement is set to be announced by March 31, 2026.
Key points
- INPEX Corporation extended strategic collaboration agreement with PT Pertamina
- Abadi LNG project in the Masela Block, Indonesia
- Partnership builds on a 2023 agreement
- INPEX has operational history in Indonesia since the 1960s
- Agreement announced by March 31, 2026
Counterparties
- Inpex (Partner)
- PT Pertamina (Partner)