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Project Insights

Eni set to boost supplies for ageing Bontang LNG

The Italian major's Merakes field will provide a short uplift to Bontang's output and shows how Eni is expanding operations in Indonesia The Italian major's Merakes field will provide a short uplift to Bontang's output and shows how Eni is expanding operations in Indonesia.
By Damon Evans 31 January 2019 Asia Pacific / Exploration & Production 0 33883
An offshore rig at the Mahakam block (SKKMigas)

The key issue: Eni has sanctioned a fast-track development of its deepwater Merakes gas field in the East Sepinggan block off Indonesia following government approval for the scheme.

Indonesia’s Bontang LNG project will be boosted by new volumes from Eni’s deepwater Merakes field, on which the Italian major took an FID in mid-December.

The decision will improve the outlook for the world’s fifth-largest LNG producer, exports from which are expected to continue to fall this year. 

The move is also significant as it shows that Eni is...