Indonesia Accelerates Masela Block Gas Project with $20.9 Billion Investment

The Indonesian government, under President Prabowo Subianto's directive, is prioritizing the expedited development of the Masela Block gas project, with an initial investment of $20.9 billion. This project is critical for enhancing national energy security and positioning Indonesia as a key player in the global gas market, amidst rising geopolitical tensions that may inflate total investments to approximately Rp300 trillion.

Published Mar 31, 2026

The Indonesian government aims to accelerate the Masela Block gas project's realization, initially valued at $20.9 billion, which includes carbon capture and storage technology. This initiative follows President Prabowo Subianto's instructions to expedite energy transition investments and ensure the project's continuation, given its capacity of 1,200 million cubic feet per day (MMscfd).

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A tender for engineering, procurement, and construction (EPC) will occur in 2026, with the final investment decision (FID) also anticipated soon. The project is expected to bolster Indonesia's position in the global gas sector and strengthen domestic energy security. Additionally, the government is optimizing renewable energy resources amidst global geopolitical uncertainties.