Economic Calendar

Monday, October 20, 2008

Italy's Eni Plans to Build Floating LNG Terminal in Indonesia

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By Leony Aurora

Oct. 20 (Bloomberg) -- Eni SpA, Italy's biggest energy company, may build a floating liquefied natural gas terminal in Indonesia, the Southeast Asian nation's Energy Minister Purnomo Yusgiantoro said.

Eni plans to develop the Bukat area bordering Malaysia, Purnomo told reporters without giving details of costs or financing. The area is 76 kilometers (47 miles) offshore, he said.

To contact the reporters on this story: Leony Aurora in Jakarta at laurora@bloomberg.net


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