Inpex, Pertamina sign MoU to pursue Abadi LNG project
Inpex, Pertamina sign MoU to pursue Abadi LNG project
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Natural Gas News
Inpex, Pertamina sign MoU to pursue Abadi LNG project
Summary
This comes after the agreement between Shell, Pertamina and Petronas, concerning the transfer of Shell's participating interest in the Abadi LNG project by: Shardul Sharma
Japan’s Inpex Corporation has signed a memorandum of understanding (MoU) with Pertamina to pursue the implementation of the Abadi LNG project in Indonesia, it said on July ...
Related Knowledge Center: Liquefied natural gas
Driven by plentiful natural gas produced from shale plays, the United States began exporting liquefied natural gas in 2016 when the Sabine Pass terminal in Louisiana opened and shipped its first cargo. Since then, additional capacity, or trains, have been added to Sabine Pass, and terminals have become operational in Cameron Parish, La.; Hackberry, La.; Cove Point, Md.; and Corpus Christi, Texas. The Energy Information Administration projects that U.S. LNG export capacity will reach 8.9 billion cubic feet per day (Bcf/d) by the end of 2019, making it the third largest in the world, behind Australia and Qatar. The tariff war with China has the potential to impact some final investment decisions for additional terminals in the coming months.