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Eni starts gas production at Merakes East field in Indonesia - Finance news and analysis from Global Banking & Finance Review
Finance

Eni starts gas production at Merakes East field in Indonesia

Published by Global Banking & Finance Review

Posted on May 13, 2025

1 min read

· Last updated: May 13, 2025

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Eni Begins Gas Production at Indonesia's Merakes East Field

(Reuters) -Eni has started gas production from the Merakes East field in the Kutei Basin offshore Indonesia, the Italian energy group said on Tuesday in a statement.

The field is part of the East Sepinggan block, where Eni holds an 85% operating stake, and its production is expected to contribute up to approximately 18,000 barrels of oil equivalent per day to Eni's output.

The gas is processed at the Jangkrik Floating Production Unit and transported to Indonesia's internal market and the Bontang liquefaction plant for domestic and export use.

This operation is part of Eni's strategy to utilize significant gas resources in Indonesia, supported by collaboration with SKK Migas, Indonesia’s Upstream Regulator and Supervisor.

Eni has recently announced talks with Malaysia's state energy firm Petroliam Nasional Bhd (Petronas) to create a joint venture to oversee selected upstream assets in Indonesia and Malaysia.

Eni has been operating in Indonesia since 2001, with a current production of around 700 million standard cubic feet per day in East Kalimantan.

(Reporting by Laura Contemori. Editing by Mark Potter)

Key Takeaways

  • Eni starts gas production at Merakes East field.
  • Production contributes 18,000 barrels of oil equivalent daily.
  • Gas processed at Jangkrik Floating Production Unit.
  • Collaboration with SKK Migas supports Eni's strategy.
  • Potential joint venture talks with Petronas.

Frequently Asked Questions

What is the main topic?
The article discusses Eni's start of gas production at the Merakes East field in Indonesia, contributing significantly to its output.
What is the significance of this production?
This production adds approximately 18,000 barrels of oil equivalent per day to Eni's output, supporting its strategy in Indonesia.
Who is Eni collaborating with?
Eni is collaborating with SKK Migas, Indonesia’s Upstream Regulator, and is in talks with Petronas for a potential joint venture.

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