Eni Discovers Major Gas Reserve in Indonesia's Kutei Basin

Eni has discovered a significant gas reserve in the Kutei Basin, Indonesia, with preliminary estimates of 5 trillion cubic feet of gas and 300 million barrels of condensate. The discovery supports the development of a third production hub in the region and could boost gas production by 1 billion cubic feet per day. This strengthens Eni's growth ambitions in the area and has implications for Indonesia's energy strategy.

By Charles Kennedy Tue, April 21, 2026 at 4:25 AM GMT+3 3 min read · Yahoo Finance ·

Eni Discovers Major Gas Reserve in Indonesia's Kutei Basin

Topics: Eni exploration gas discovery Indonesia Kutei Basin

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