Jakarta Post: Protracted Decision on Masela Project will affect Gas Industry

11 March 2016: “According to INPEX, the FLNG scheme requires less development and lower construction cost (US$14.8 billion for an offshore plant as opposed to up to $22.3 billion for onshore plant), thus generating an extra $9 billion in revenue for the government during the project’s lifetime, with speedier construction as OLNG requires a lengthy land acquisition process. FLNG will also result in lower environmental impact as the environmental conditions in the Abadi field are desirable for operating an FLNG. In addition, the proposed FLNG will also create momentum for Indonesia to develop a modern maritime industry. “The conclusion of the INPEX study has been confirmed by Poten & Partners, an international consultant hired by the government to provide an independent assessment. But political maneuvering by Minister Rizal has continued to delay approval of the Masela project.”