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Bahlil Urges Italy’s ENI to Accelerate Strategic Gas Project, Targeting 1,500 MMscfd by 2028

by Editor Asiatoday
May 2, 2025
in Business
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Bahlil Urges Italy’s ENI to Accelerate Strategic Gas Project, Targeting 1,500 MMscfd by 2028

Indonesian Minister of Energy and Mineral Resources, Bahlil Lahadalia site visit to East Kalimantan on April 30. File: ESDM

ASIATODAY.ID, JAKARTA – In a decisive push to meet Indonesia’s national oil and gas lifting targets, Minister of Energy and Mineral Resources, Bahlil Lahadalia, is calling on Italy’s oil and gas giant ENI to fast-track its major gas project—originally scheduled for completion in 2029—to come online a year earlier.

“If ENI can bring the project forward to 2028, it could deliver around 1,500 MMscfd of gas and 90,000 barrels of condensate per day. That’s a major contribution to our energy resilience,” Bahlil stated during a site visit to East Kalimantan on April 30.

ENI plays a central role in Indonesia’s upstream energy infrastructure. Its Onshore Receiving Facility (ORF) connects offshore gas production from the Jangkrik Floating Production Unit (FPU) to Senipah and the Bontang LNG plant—streamlining gas supply for both domestic needs and export.

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The company is developing two major National Strategic Projects: Indonesia Deepwater Development (IDD): 2.67 TCF of gas and 66 million barrels of oil, backed by a USD 3.7 billion investment and Geng North Project: 5.3 TCF of gas reserves, supported by USD 11.4 billion in capital.

Together, these projects underscore ENI’s long-term commitment to unlocking Indonesia’s deepwater gas potential.

In addition to new projects, the government is ramping up output from mature (idle) wells. At Pertamina Hulu Mahakam, production from aging wells has been boosted from 200–300 MMscfd to 400–500 MMscfd.

“It proves that even mature fields can deliver when properly managed,” Bahlil emphasized.

Streamlining the regulatory landscape is also a top priority. Many Production Sharing Contractors (PSCs) have long complained about bureaucratic bottlenecks. The ministry is now working with regional governments to ensure faster, simpler permitting processes. (AT Network)

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Tags: ENI IndonesiaOil and Gas Industry
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