Eni lifts its first gas from Jangkrik

Eni

Italy’s energy group, Eni said it has lifted its first shipment of liquefied natural gas (LNG) from Jangkrik, a gas field in Indonesia.

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.

The company 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.