BAKU, Azerbaijan, July 29. Eni eyes to deliver equivalent of the whole volume of gas imported from Russia to Italy, Trend reports with reference to the company.
“Secured alternative sources of gas supply to Italy and Europe by leveraging Eni’s strong strategic alliances, accelerating a key component of Eni’s long-term strategy, where equity gas will progressively play a major role. New supply agreements with Algeria, Egypt and Congo were signed and additional opportunities may also arise in other countries in our global gas portfolio: including Libya, Angola, Mozambique, Indonesia and Italy. The initiatives are designed to deliver up to an equivalent of 100 percent of Russia’s 20 billion cubic meters of annual gas import to the Italian market secured by 2025,” the company said.
In June, Eni entered in the Qatar’s North Field East project, the world’s largest LNG project, expanding its presence in the Middle East and gaining access to a leading LNG producer country
As for exploration and production, in the first half of 2022 added about 300 million boe of new resources to reserve base. Main discoveries were made close to existing assets and facilities as part of our fast-track development model: in Algeria, near to the Bir Rebaa North field complex and in the Berkine North basin, in Angola Block 15/06 in particular with the incremental result of the appraisal well Ndungu-2, and in Abu Dhabi with the well XF-002. In addition, findings in the Meleiha concessions, in Egypt’s Western Desert, have already been tied to existing production facilities.
Appraisal of the Baleine discovery with the well Baleine East-1X in Block CI-802, increasing the potential mineral resources of the area to around 2.5 bbbl and 3.3 Tcf of associated gas in place. The well has been successfully tested, allowing the optimization of ongoing and future development plans. Moreover, Ndungu field started production by hooking it up to the Ngoma Floating Production Storage and Offloading (FPSO) located in the operated Block 15/06.
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