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Eni (E) will spend a total of $1.45B to develop the Jangkrik North East offshore gas field in...

Eni (E) will spend a total of $1.45B to develop the Jangkrik North East offshore gas field in Indonesia's Muara Bakau block in the Makassar Strait, according to the head of the country's upstream regulator. The field contains ~417.5B cu. ft. of gas reserves and is expected to start production by 2015.
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