BAKU, Azerbaijan, May 22. Eni has signed three long-term agreements with LNG sellers of the South Hub and North Hub gas projects in Indonesia, both operated by the company with an average participating interest exceeding 80% across the two hubs, for the purchase of liquefied natural gas, Trend reports with reference to Eni.
The contracts, linked to LNG volumes from Eni-operated gas developments in the Kutei Basin, cover a total of approximately 2 million tonnes per year (MTPA). LNG will be delivered via the existing Bontang LNG facilities in East Kalimantan, including the reactivation of a previously idle production train, improving utilization of Indonesia’s existing energy infrastructure.
The new agreements further strengthen Eni’s global LNG portfolio and reinforce Indonesia’s position as a key supplier to regional and international markets. They also support Eni’s strategic goal of exceeding 20 MTPA of contracted LNG supply by 2030.
The deals reflect Eni’s integrated growth strategy, combining upstream gas development, efficient LNG infrastructure use, and global market access, while supporting energy security and the energy transition through lower-carbon fuel supply.
Eni has operated in Indonesia since 2001 and maintains a diversified upstream portfolio across exploration, development, and production. Its net output stands at around 90,000 barrels of oil equivalent per day, mainly from the Jangkrik and Merakes offshore fields in East Kalimantan.
