Eni Discovers Major Natural Gas Reserve Offshore Indonesia

Eni S.p.A. (NYSE:E) has made a significant natural gas discovery offshore Indonesia, with preliminary estimates of 5 trillion cubic feet of gas and 300 million barrels of condensate. The discovery could boost Eni's gas output in Indonesia to 2,000 million standard cubic feet per day by 2028. The company has also announced plans to develop two more major deepwater gas projects in the country.

By Sultan Khalid Thu, April 23, 2026 at 7:29 PM GMT+3 2 min read · Yahoo Finance · April 23, 2026, 16:29 UTC

Tickers: $E

Topics: energy exploration Eni Indonesia natural gas discovery

Read the full article at Yahoo Finance

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