San Donato Milanese (Milan), 26-Jun-2017 — /EuropaWire/ — Eni carried out today its first shipment of liquefied natural gas (LNG) produced for the Indonesian domestic market by the Jangkrik field, which is located in Indonesia in deep water. The 22,500 m3 cargo left the Bontang Liquefaction Plant, in East Kalimantan, and is headed to Bali, where it will be unloaded as part of a long-term LNG contract signed with PT Pertamina (PERSERO) in June 2015.
Eni’s CEO Claudio Descalzi said: «Jangkrik is a project developed with an excellent time-to-market, started-up ahead of schedule, exploiting synergies with the existing Bontang terminal and other neighboring gas discoveries. These can be put into production within the existing value chain. I am very proud of my team and the relationships built on the base on these successes with Pertamina, the Authorities and all the stakeholders».
Eni started gas production at Jangkrik ahead of schedule on 15 May 2017. Gas produced is processed onboard the FPU ‘Jangkrik’ and then flows to the Onshore Receiving Facility. It then finally reaches the Bontang gas liquefaction plant through the East Kalimantan Transportation System. The LNG produced is sold under long-term contracts, partly to PT Pertamina and partly to Eni itself, which will sell it as part of the development of its international LNG portfolio, in line with the strategy announced in February.
Eni operates the Muara Bakau PSC in which it holds a 55% stake through its subsidiary Eni Muara Bakau BV The other PSC partners are ENGIE E&P (through its subsidiary GDF SUEZ Exploration Indonesia BV) with a 33.334% stake and PT. Saka Energi Muara Bakau with an 11.666% stake. All activities are carried out in coordination with SKK Migas, the entity representing the Government of Indonesia.
Eni has been operating in Indonesia since 2001 and currently has a large asset portfolio across exploration, production and development. Production activities are located in the Mahakam River delta, East Kalimantan, through VICO Ltd, a joint venture between Eni (50% stake), which is the operator, and Saka Energi (50% stake). VICO Ltd, which is party to the Sanga Sanga PSC, produces on average 20,000 barrels of oil equivalent per day.
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