Indonesia is striving to finalize a development plan for the much-delayed Abadi oil and gas field in the deepwater Masela Block and the associated LNG project with operator Inpex Corp. amid reports that partner Royal Dutch Shell is moving to exit the project.

Ignasius Jonan, the country’s energy and mineral resources minister, met Inpex CEO Takayuki Ueda twice in less than two weeks to resolve differences on developing the field and the 9.5 million tons per year LNG project that has been on hold for over a decade.

“INPEX and SKK Migas [Indonesia’s upstream regulator] agreed on the main points of the development of the Masela Block. A number of strategic points were successfully agreed upon, which enabled this giant gas field to be developed immediately,” the minister said in Tokyo this week after an agreement on framework for the development.

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