Ensuring Masela Saga Gets “Happy Ending”

SKK Migas confirmed that it will be not only supervising but also directly participating in the development, implementation, and management of the Abadi Masela Block liquefied natural gas (LNG) project.

Ibeth Nurbaiti & Stepanus I Nyoman A. Wahyudi

9 Feb 2024 - 21.16
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Ensuring Masela Saga Gets “Happy Ending”

Illustration of Pertamina Hulu Energi's exploration. The Masela Consortium, namely Pertamina and an oil and gas company from Malaysia, Petroliam Nasional Berhad or Petronas together with Inpex Masela Ltd. is currently thinking about collaborating with new partners in working on the field development plan (plan of development/PoD) for the Masela Block Abadi LNG project. Special/Doc. Pertamina Hulu Energy

Bisnis, JAKARTA — The Masela Block Abadi liquefied natural gas (LNG) project continues to face a series of challenges, prompting upstream oil and gas authorities to intensify oversight of this highly anticipated national strategic project (PSN) to ensure its smooth implementation.

Despite the positive progress made by Inpex Masela Ltd., Pertamina Hulu Energi Masela, and Petronas Masela Sdn. Bhd. on the Masela LNG project, located approximately 160 kilometers off the coast of Yamdena Island in the Arafura Sea at depths ranging from 400 to 800 meters, upstream oil and gas authorities still cannot afford to relax.

The Special Task Force for Upstream Oil and Gas Business Activities (SKK Migas) has emphasized that it will play an active role not only as a supervisor but also as a direct participant in the development, implementation, and management of the gas field.

"After the final investment decision (FID), we will be directly involved. We will maintain the quality and integrity of this project while ensuring that all stages of development of the Abadi LNG project proceed according to plan," said Dwi Soetjipto, Head of SKK Migas, as quoted by Antara on Wednesday (8/2/2024).

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© Copyright 2024, Hak Cipta Dilindungi Undang - Undang.