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Eni for 2016 | Cooperation model

1 GW
Eni has invested a total of of the installed capacity in
approximately $2 billion to date Nigeria and Congo respectively,
in Sub-Saharan Africa in the with a significant reduction of
construction and restoration gas flaring in both Countries. installed capacity for over
of networks and power plants In Nigeria, Eni promotes access 18 million people in the
which represent 20% and 60% to electricity through: Sub-Saharan area

The Kwale Okpai Supplying Networks The national power Stand-alone
power station which 128MMScm of gas connected to grid has been (off-grid) electricity
uses natural gas with to the River State oil centres and extended to arrive systems serving
an installed capacity Government’s 150 36 villages at total of 40,000 44 communities
of 480 MW, employing MW power station. (38 MW installed beneficiaries. (170,000
approximately to reach 320,000 beneficiaries), with
547 MMScm and beneficiaries). an installed capacity
generating 2,556 GWh. of 16 MW.

From 2012 to 2016 in Ghana the power station’s electricity production has grown 25% every year on average,
bringing electricity production to over 1,660 GWh in 2016.

The OCTP project in Ghana

Ghana is a Country where developing the national envisages a total investment of $7.9 billion and is
gas resources is an opportunity to improve access to one of the largest foreign investments in Ghana.
energy due to the vast availability of natural gas. This supply will generate around 1,000 MW, enough
Here Eni has launched the Oil & Gas Integrated Project to increase the Country’s electricity production by
called Offshore Cape Three Points (OCTP) which 50%. Considering the strategic importance for the
guarantees a supply of cleaner, safer and continuous Country’s economic development, the World Bank,
energy. Work was started in 2016 on the construction through the International Development Association
of the onshore gas collection plant for the OCTP (IDA) and the International Bank for Reconstruction
project of the Eni - Vitol - Ghana National Petroleum and Development (IBRD), has arranged $700
Corporation Joint Venture, of which Eni is operator. million of guarantees to support the project and the
The project involves oil production of approximately government. These guarantees include: $500 million
45,000 barrels/day for the international market by the IDA to guarantee coverage of payments by
and non-associated gas production of 180 the GNPC state company for the purchase of the
MMSCF/day for around 17 years which will be sent sold gas, plus a guarantee of $200 million by the
to the Ghanaian national network. This project IBRD to cover repayment of the funding.