Eni: major gas discovery in Indonesia
(CercleFinance.com) - Eni announces a significant gas discovery from the Geng North-1 exploration well drilled in the North Ganal PSC, around 85 km off the coast of East Kalimantan in Indonesia.
Preliminary estimates indicate a total discovered structure of 5 trillion cubic feet (Tcf) of gas.
The current exploration campaign, as well as recent acquisitions, are part of Eni's energy transition strategy that is aimed at gradually reorienting its portfolio towards gas and LNG, with a target of 60% by 2030.
Copyright (c) 2023 CercleFinance.com. All rights reserved.
Preliminary estimates indicate a total discovered structure of 5 trillion cubic feet (Tcf) of gas.
The current exploration campaign, as well as recent acquisitions, are part of Eni's energy transition strategy that is aimed at gradually reorienting its portfolio towards gas and LNG, with a target of 60% by 2030.
Copyright (c) 2023 CercleFinance.com. All rights reserved.