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KABARBURSA.COM — President Prabowo Subianto emphasized that investors must benefit from the development of the Abadi Gas Project in the Masela Block while attending the groundbreaking ceremony in Tanimbar Islands Regency, Maluku, on Thursday (July 16th). The Abadi LNG Project in the Masela Block is a National Strategic Project (PSN) in the energy sector with an investment value of approximately US$20.9 billion or approximately Rp376.3 trillion, developed by INPEX Masela Ltd. in collaboration with Pertamina and Petronas. The statement emphasized the importance of the principle of mutual benefit to encourage investment, energy security, and Indonesia's economic growth. Prabowo also emphasized that this project has a significant responsibility for the Indonesian people by increasing the productivity of the national industry. The government estimates this project will contribute significantly to non-tax state revenues (PNBP) and foreign direct investment, while a study by the Indonesian Institute of Sciences (LPEM FEUI) indicates that the Abadi LNG Project has the potential to contribute approximately US$137.7 billion to the national economy by 2055 and absorb up to 12,000 workers at peak construction. This information is crucial as it relates to the future of investment, the energy business, employment, and national energy security. Don't forget to subscribe, turn on notifications, and share your thoughts in the comments section. Open and read related news only on the portal https://kabarbursa.com/ Kabarbursa.com is the financial news portal of PT Kabar Bursa Indonesia, which is part of the PT Kabar Grup Indonesia network or KGI Network. Kabarbursa.com presents the latest economic news, in-depth analysis, investment, and business inspiration. You can also visit Kabar Bursa's social media channels: YouTube: / @kabarbursadotcom Instagram: / kabarbursacom TikTok: / kabarbursacom WhatsApp Channel: https://whatsapp.com/channel/0029Vae5... #blokmasela #prabowo #lng #energy #investment #oil #gas #pertamina #petronas #inpex #energyresilience #kabarbursa #economicnews #latestnews #economicnews
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