MILAN, April 20 (Reuters) - Eni has made a giant gas discovery in the Ganal block offshore Indonesia, the Italian oil and gas group said on Monday in a statement.
o Preliminary estimates indicate in-place resources of approximately 5 trillion cubic feet (Tcf) of gas and 300 million barrels of condensate.
o The discovery was made by the Geliga-1 exploration well at a total depth of around 5,100 metres in a water depth of about 2,000 metres, Eni said in the statement.
o Analyses are ongoing to evaluate accelerated development options, considering the proximity to existing and planned infrastructure, which offers potential synergies in time-to-market and cost optimisation, it said.
o Eni has been present in Indonesia since 2001 and holds a diversified upstream portfolio across exploration, development and production activities.
(Reporting by Cristina Carlevaro; Editing by Emelia Sithole-Matarise)
