Indonesia is forecasting US$37.8 billion in direct state revenue from the Abadi Masela liquefied natural gas (LNG) project, according to energy ministry officials.
The projection highlights the scale of the $20.9 billion development, which has recently moved from planning to active construction in eastern Indonesia.
The revenue estimate covers the project's operational life and reflects the government's expectation of significant tax and royalty inflows from one of the region's largest new energy hubs.
The financial outlook comes as Jakarta balances the need for hard-currency exports against domestic energy security.
While the Abadi Masela field is designed to boost Indonesia's LNG export capacity, the government has previously signaled a priority to secure domestic gas supply for power generation and industrial use.
This dual mandate creates a complex revenue model where export volumes may be capped to meet local demand, potentially limiting the upside for international buyers but ensuring stable domestic pricing.