A super-continent comprising Europe and the countries of Central Asia. An immense, multifaceted space that has been the focus of our efforts since the late 1950s. This territory, which spans 12 time zones and has played a major role in the world economy and politics, is now at the heart of the transformations and challenges of the 21st century. For the EU, these include the need to boost growth and stability by acting on infrastructure and digital innovation, but also through a green revolution as part of a powerful economic recovery plan and an ambitious 2050 climate neutrality target. From an energy and environmental point of view, the main challenges relate to the implementation of new low-emission technological solutions and the secure, economically competitive supply of energy, which is essential to support economic and industrial development.
From Spain to Kazakhstan, we develop activities in Eurasia in the exploration and production, refining and sale, chemical and Global Gas & LNG Portfolio sectors.
Straddling two worlds to consolidate the low-carbon strategy
Our commitment in 2021 has strengthened our presence in this area.
in which we operate
1,032 mm boe
estimated net proved hydrocarbons reserves in Kazakhstan
3 Upstream projects
ongoing in Eurasia
countries where Plenitude operates
While the treaties establishing the European Economic Community were being signed in Rome in 1957, Enrico Mattei was working on an idea for Europe's energy strategy, turning Eni into a project laboratory. Today, through integration, efficiency and innovation, Eni remains in line with the new European energy and environmental policy. Our operations in Europe are focused on the sale of increasingly decarbonised energy products and services, including through the integration of renewables with our customer portfolio, renewable chemicals and biorefining of sustainable fuels. These are complemented by traditional hydrocarbon exploration and production activities in countries where we have a long-standing presence such as Norway or the United Kingdom, where we are developing major carbon capture and storage projects in depleted fields, thus supporting the path towards carbon neutrality and actively collaborating with the local industrial fabric. Finally, Eni contributes to ensuring the supply of natural gas from Europe's main energy partners.
In Central Asia, Eni is active in Turkmenistan, where it is the only European energy company operating in the country, and in Kazakhstan, where since 2017 it has been engaged in promoting the development of projects for the generation of electricity from renewable sources thanks to important partnerships with other companies.
Exploration & Production in Eurasia 2021
Gas sales by market rest of Europe 2021
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The main development projects in Eurasia
HyNet North West: CO₂ storage in the UK
The first low GHG emissions industrial cluster in the world under development in the Liverpool Bay which we are involved in for CCS activities.
The key element will be Carbon Capture and Storage (CCS) or the geological storage of CO₂. Through the reconversion of existing infrastructure, carbon dioxide emitted by industries in the northwest of England and north Wales will be captured and permanently stored in exhausted hydrocarbon fields.
Badamsha: our eolic projects in Kazakhstan
We started the commercial production of the wind power project Badamsha 1, with an overall capacity of 48 MW, in march 2020.
The Badamsha 1 wind farm will be joined by a second, Badamsha 2, also generating 48 MW.
Kashagan: offshore oil and gas in Kazakhstan
The offshore oil and gas field was discovered in Kazakhstan in 2000. We began production of the first oil in 2013.
We treat the produced gas by sending it to the national state company, we manage the development phases of the field and the structure upgrading.
Eni's research is committed to the development of innovative technologies such as those in the CCUS domain, making an effective contribution to the company's decarbonisation and emissions reduction path.