Pertamina and INPEX Strengthen Synergy on Abadi LNG Masela Project
PT Pertamina (Persero) and INPEX Corporation (INPEX) have once again strengthened their strategic partnership through the signing of a Memorandum of Understanding (MoU) for the development of the Abadi LNG project in the Masela Block, Arafura Sea. This project is one of Indonesia’s largest gas initiatives, expected to serve as a long-term energy supply source, particularly for the Asian region.
This cooperation is a continuation of the previous MoU signed in July 2023. Through this collaboration, both companies will explore various synergy opportunities across the entire project value chain, from upstream to downstream sectors, including the utilisation of gas and LNG for various energy needs.
Pertamina’s President Director, Simon Aloysius Mantiri, stated that this extension of the cooperation is an important step in driving the realisation of the Abadi LNG project. “Through this MoU extension, Pertamina hopes that this LNG project can be realised and make a real contribution to the country,” he said on Tuesday, 31 March 2026.
The signing was conducted by Simon Aloysius Mantiri and INPEX’s President & CEO, Takayuki Ueda, in Tokyo on Monday, 30 March 2026. On the same occasion, PT Pertamina Hulu Energi (PHE), Pertamina’s Upstream Subholding, also signed an MoU with INPEX regarding potential upstream oil and gas business development in Indonesia and Southeast Asia.
Simon emphasised that Pertamina continues to seek new energy supply sources to meet national energy needs. With an integrated business model from upstream to downstream, this strategic partnership is expected to strengthen Indonesia’s energy resilience.
Currently, the Abadi LNG project is operated by INPEX through its subsidiary, INPEX Masela Ltd., with a planned production capacity of 9.5 million tonnes of LNG per year. The project will also adopt carbon capture and storage (CCS) technology as an effort to support more environmentally friendly and low-emission energy development.
INPEX has been active in Indonesia’s upstream oil and gas industry since the 1960s and is now the main operator of the project. Moving forward, both companies will expand their cooperation to cover various aspects, such as LNG offtake, transportation, marine activities, and potential carbon trading and carbon offset.
As a company actively involved in the energy transition, Pertamina is committed to supporting the Net Zero Emission target by 2060. This commitment is realised through various programmes aligned with the Sustainable Development Goals (SDGs) and the implementation of Environmental, Social & Governance (ESG) principles across all business lines and operations.