Share

Eni: first LNG shipment from Jangkrik under way

The group is ahead of its time. Gas production from Indonesia's deep waters started in May. Thursday the first price of liquefied gas

Eni: first LNG shipment from Jangkrik under way

(Teleborsa) – Today, Thursday 22 June, ENI carried out the first shipment of Liquefied Natural Gas (LNG) produced by the Jangkrik field, in the deep waters of Indonesia, and destined for the Indonesian domestic market. The 22.500 cubic meter cargo departed from the Bontang Liquefaction Plant in East Kalimantan bound for Bali where it will be delivered as part of the long-term LNG supply contract signed with PT Pertamina (PERSERO) in June 2015.

ENI had started production of Jangkrik in May 2017, earlier than expected. The gas produced, after being treated on board the FPU Jangkrik, is sent to a reception facility onshore and then reaches the Bontang liquefaction plant via the East Kalimantan island transportation system. The LNG produced is sold under long-term contracts, partly to PT Pertamina and the remainder to ENI itself, which will market it as part of the development of its international LNG portfolio, in line with the strategy announced in February.

The Six-Legged Dog Group is the operator of the Muara Bakau PSC with a 55% stake held through its subsidiary Eni Muara Bakau BV. The other partners in the PSC are ENGIE E&P (through its subsidiary GDF SUEZ Exploration Indonesia BV), with 33,33%, and PT. Saka Energi Muara Bakau, with 11,67%. All activities are carried out in coordination with SKKMigas, the body representing the government of Indonesia.

“Jangkrik is a project developed with an excellent time-to-market, ahead of what was announced, which exploits synergies with the existing Bontang terminal and with other neighboring gas discoveries. These can be put into production by inserting them into the existing value chain”, declared the CEO of ENI, Claudio Descalzi.

comments