Weekly Recap: Abadi LNG construction start and Ichthys offshore pay deal

Inpex Corporation (TSE:1605) has kicked off its $21B Abadi LNG project—a 9.5 Mtpa plant, pipeline and a 15-year 37.5 Mt off-take—while boosting offshore pay with 3.75% annual raises to 2030, higher top base salaries and extra allowances and bonuses.

Previous Week Recap

• Indonesian Abadi LNG Project Advances: Inpex (1605) began construction on the $21B Abadi LNG project in Indonesia: 9.5 Mtpa LNG plant, 150 MMcf/d pipeline, production ~2030, 60% domestic sales, 15-year 37.5 Mt off-take deal.
• Ichthys LNG Pay Deal Approved: INPEX (1605): Ichthys LNG offshore staff approved a pay deal with 3.75% annual raises through 2030, higher top base pay above A$300k, five‑figure offshore allowances and extra bonuses.

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