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Eni Sells Part of Stake in 7 Indonesian Blocks

Source: Rigzone

CEII brief

Rigzone reported on 12 Oct 2026: Eni Sells Part of Stake in 7 Indonesian Blocks.

’Pertamina’s participation as the national oil and gas company in these assets is expected to directly support and accelerate the Kutei North Hub Project (North Ganal and Rapak blocks)’.

— Rigzone
Read the full story on Rigzone

Context from CEII

Gas is the flexible backbone of many grids and the designated transition fuel in many national plans, from LNG trade to domestic LPG and CNG. Supply security and pricing drive both power reliability and emissions.

21.9% of electricity in the world came from gas in 2024

Original reporting © Rigzone. Headline and excerpt quoted with attribution; the full article is available on the publisher’s site. CEII’s context is the Centre’s own and does not represent the publisher.

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