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ENI Eni Spa

15.52
0.18 (1.17%)
24 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Eni Spa BIT:ENI Italy Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.18 1.17% 15.52 15.408 15.524 15.512 15.288 15.382 7,356,059 02:01:06

Eni Wins Stake in Qatari LNG Project North Field East

20/06/2022 7:16am

Dow Jones News


Eni (BIT:ENI)
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By Maitane Sardon

 

Eni SpA has signed a deal with state-owned QatarEnergy to work on the expansion of one of the world's biggest offshore liquefied natural gas fields, the company said Sunday.

The Italian oil-and-gas company will hold just over 3% in North Field East, a roughly $29 billion project that will expand Qatar's LNG capacity from 77 million tons per year to 110 million tons a year.

Eni joins French energy giant TotalEnergies SE as an investor in the project, which is expected to start production before the end of 2025.

 

Write to Maitane Sardon at maitane.sardon@wsj.com

 

(END) Dow Jones Newswires

June 20, 2022 02:01 ET (06:01 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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