Italian firm Eni announces ‘giant’ Geliga gas discovery

The Geliga well was drilled to a depth of approximately 5,100 metres in water depths of around 2,000 metres. — Reuters

JAKARTA: Italian energy giant Eni announces a major gas discovery off the coast of East Kalimantan, with estimated reserves of five trillion cubic feet (Tcf) of gas and 300 million barrels of condensate.

The Energy and Mineral Resources Ministry announced on Monday the discovery at the Geliga-1 exploration well, located in the deep waters of the Ganal Block in the Kutai Basin.