【SMM Flash News】Indonesia Accelerates $20.9B Masela Block and Energy Transition Pacts with Japan

Published: Mar 30, 2026 22:42

Save

During a Tokyo visit, Indonesian ESDM Minister Bahlil Lahadalia announced plans to expedite the $20.9 billion Masela Block gas project with Inpex, under directives from President Prabowo. The strategic project, which includes Carbon Capture and Storage (CCS) technology, targets completing its Front-End Engineering and Design (FEED) and launching its EPC tender in 2026. Concurrently, Indonesia is pushing for broader investments in renewable energy—such as geothermal, hydro, solar, and wind—to strengthen national energy security amid global geopolitical uncertainties.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

42 mins ago

Crude Oil Rose, Metals Saw Overseas Market Outperform Domestic Market, Lithium Carbonate, Polysilicon, and Coke Fell Over 1%, Coking Coal Fell Over 3% [SMM Midday Review]

42 mins ago

59 mins ago

Market Trading Sentiment Strengthened as Weekend Approached and Aluminum Prices Pulled Back [SMM Spot Aluminum Midday Review]

59 mins ago

2 hours ago

Macro Sentiment Continuously Drove Center Upward, Futures Fluctuated at Highs Suppressing Market [SMM Tin Midday Review]

[SMM Tin Midday Review: Macro Sentiment Continuously Drives Center Upward, Futures Fluctuating at Highs Suppresses Market Follow-Through Willingness]

2 hours ago

Related News

Crude Oil Rose, Metals Saw Overseas Market Outperform Domestic Market, Lithium Carbonate, Polysilicon, and Coke Fell Over 1%, Coking Coal Fell Over 3% [SMM Midday Review]

May 22, 2026 13:30

Market Trading Sentiment Strengthened as Weekend Approached and Aluminum Prices Pulled Back [SMM Spot Aluminum Midday Review]

May 22, 2026 13:13

Macro Sentiment Continuously Drove Center Upward, Futures Fluctuated at Highs Suppressing Market [SMM Tin Midday Review]

May 22, 2026 11:50

[SMM Flash News] Indonesia Delays Full Centralized Export Mandate via DSI to January 1, 2027

May 22, 2026 11:46