Indonesia has officially commenced construction on the Abadi Masela gas field, a major liquefied natural gas (LNG) project valued at approximately US$20.9 billion.
The groundbreaking ceremony marks the end of a 28-year development hiatus, with the project finally moving from planning to physical execution after navigating six presidential administrations.
Energy Minister Bahlil Lahadalia oversaw the launch, signaling the government’s renewed commitment to unlocking the country’s vast offshore gas reserves.
The start of construction on Abadi Masela represents a significant potential supply addition for the Asian LNG market.
While the project is years away from first production, the removal of long-standing regulatory and political hurdles reduces uncertainty for investors and partners.
The development aligns with Indonesia’s broader strategy to boost domestic energy security while expanding export capacity to meet growing regional demand.