TOKYO (Jan 23): Japan's Inpex is working to advance the start of its Abadi project in Indonesia to meet the government's request to speed up and has seen strong interest from Western majors to buy liquefied natural gas, CEO Takayuki Ueda said. The long-delayed US$20 billion project, which will produce up to 9.5 million metric tons of LNG a year, will be a major growth driver for Inpex, Japan's top oil and gas explorer. Jakarta has requested Inpex to accelerate the project to meet fast-rising local gas demand. "We will make every effort to accelerate the project," Ueda told Reuters in an interview earlier this week, adding that the company is considering various design and contracting options despite challenges. IchthysIn Australia, Inpex is on the hunt for large gas resources to feed a third LNG train and to backfill existing capacity at its Ichthys project in Darwin, Ueda said.

Source: The Edge Markets January 23, 2026 11:32 UTC