TOKYO -- Japanese oil and gas company Inpex is set to agree in principle with the Indonesian government to build a liquefied natural gas plant in Indonesia, Nikkei learned Friday.
With an estimated total cost of 2 trillion yen ($18.4 billion) and annual production of about 9.5 million tons a year, it will become one of the largest LNG plants operated principally by a Japanese company. The plant is expected to go online in the late 2020s.
