Eni Spa

0.084 (0.65%)
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
  0.084 0.65% 13.068 12.956 13.098 13.096 12.838 12.978 11,452,114 16:40:00

Italy's Eni to Export 4.5 Billion Tons of LNG From Congo Republic by 2025

09/08/2022 4:44pm

Dow Jones News

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By Emmanuel Tumanjong

Special to Dow Jones Newswires


Italian energy firm Eni SpA said it plans to produce and export 4.5 billion tons of liquefied natural gas from the Republic of Congo by 2025.

"We took stock of a gas export project for which we had signed an agreement. It is a two-phase project, the first of which will begin in the fourth quarter of 2023. The second will extend to 2025 and will give Congo the opportunity to export up to 4.5 billion cubic meters of gas," Chief Executive Claudio Descalzi said Monday, after meeting with Congo Republic President Denis Sassou Nguesso.

Eni and the government of the Central African nation have jointly constructed a power plant in Pointe-Noire that produces electricity from gas.


Write to Barcelona Editors at barcelonaeditors@dowjones.com


(END) Dow Jones Newswires

August 09, 2022 11:29 ET (15:29 GMT)

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

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