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Natural gas supply

Supply

In 2009 Eni’s consolidated subsidiaries, including the Distrigas share amounting to 16.91 bcm, supplied 88.65 bcm of natural gas with a 1 bcm decrease from 2008, down 1.1%.

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  • GAS EQUITYGAS EQUITY

Gas volumes supplied outside Italy (81.79 bcm from consolidated companies), imported in Italy or sold outside Italy, represented 91% of total supplies with an increase of 0.14 bcm from 2008, or 0.2%, mainly due to the growth registered on European markets in particular due to Distrigas full contribution, with higher volumes purchased from:

 

  • Norway (up 5.68 bcm);
  • Qatar (up 2.20 bcm) due to the coming on stream of LNG long-term supply contracts; and
  • the Netherlands (up 1.90 bcm).

Lower volumes were purchased from:

  • Algeria (down 5.40 bcm) due to the damage occurred to the TMPC pipeline in late December 2008;
  • Libya (down 0.73 bcm);
  • Russia mainly to Italy (down 2.75 bcm) in line with the implementation of agreements with Gazprom providing for Gazprom’s entrance in the market of supplies to Italian importers.

Supplies in Italy (6.86 bcm) declined by 1.14 bcm from 2008, or 14.3%, due to lower domestic production.

In 2009, main gas volumes from equity production derived from:

  • Italian gas fields (6.5 bcm);
  • the Wafa and Bahr Essalam fields in Libya linked to Italy through the GreenStream pipeline. In 2009 these two fields supplied 2.5 bcm net to Eni;
  • certain Eni fields located in the British and Norwegian sections of the North Sea (2.9 bcm); and
  • other European areas (in particular Croatia with 0.8 bcm).

Considering also the direct sales of the Exploration & Production division in Europe and in the Gulf of Mexico and LNG supplied from the Bonny liquefaction plant in Nigeria, supplied gas volumes from equity production were approximately 20.1 bcm representing 19% of total volumes available for sale.




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Last updated on 20/04/10