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From Spain to Kazakhstan, from Cyprus to Russia, we develop activities in Eurasia in the exploration and production, refining and sale, chemical and Gas & Power sectors.


Straddling two worlds to consolidate the low-carbon strategy

The challenges we face

This supercontinent that incorporates Europe, the Russian Federation and the countries of Central Asia is an enormous and varied space that has been at the heart of Eni’s operations since the late 1950s. The region, which covers 12 time zones and plays a key role in the world, both economically and politically, is at the centre of the transformations and challenges we face in the 21st century. Not least of these is Europe’s need to find a new momentum based on infrastructure and digital innovation, enabling it to resume growth and stability. The main challenges from an energy and environmental perspective are the region’s growing dependence on imports and the need for more sustainable energy, as well as the demand for better integration and interconnectivity between energy markets. 

Major hydrocarbon-producing countries, such as Russia and the Central Asian countries at the crossroads between East and West, are part of a new geopolitical ‘Great Game’. The main challenges involve redefining economic and production models to tackle new global issues linked to energy transition, while looking for new export markets for oil and gas. The sanctions placed on Russia are forcing it to seek new markets and partnerships outside of its traditional areas, and it is increasingly shifting attention from Europe to the Middle East and Africa.

Our strategy

As the treaties marking the foundation of the European Economic Community were being signed in Rome in 1957, Enrico Mattei was working on his idea for an energy strategy for Europe, using Eni as the basis for his experiment. Today, through integration, efficiency and cutting-edge technological solutions with the lowest possible environmental impact, Eni is part of a new European energy policy. This is focused on more sustainable use of energy, the promotion of decarbonization and developing efficiency in the industry with a model based on the circular economy. Our operations in Europe are focused on selling natural gas and electricity, distributing petroleum products and chemical engineering, but we are also using our technology to open up new areas of growth in the Upstream sector. 

Eni is one of Gazprom’s main European partners and we are working with the Russian companies Lukoil and Novatek on major foreign Upstream projects, such as Zohr in Egypt and others in Mexico, Montenegro and Lebanon. In Central Asia, we have been working in Kazakhstan for more than 20 years. As well as Upstream operations at Karachaganak and Kashagan, since 2017 we have been developing projects to generate electricity from renewable sources. Eni is currently the only major oil company operating in Turkmenistan, where it makes a significant technical contribution and provides innovation by implementing new production and development technologies, training human capital and optimising local content. It is an approach that has underpinned our work ever since the creation of the innovative Mattei Formula.


Exploration & Production in Eurasia 2019

∽ 44,611km²
total net acreage
∽ 78 mm boe hydrocarbons production in Eurasia
at 31 December 2019
55mm boe
hydrocarbons production in Kazakhstan
at 31 December 2019
total net acreage in Kazakhstan

Gas sales by market rest of Europe 2019

at 31 December 2019
sold in Iberian Peninsula
at 31 December 2019
sold in Turkey
27.07 bcm sold in the rest of Europe
at 31 December 2019
sold in France
at 31 December 2019
sold in Benelux
at 31 December 2019
sold in UK/Northern Europe/Germany/Austria

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The main development projects in Eurasia

Our operations in the area make use of the most advanced technological solutions to minimise environmental impact.


Badamsha 1 e 2

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.

More about Badamsha

Liverpool Bay

This project launched in Wales has enabled us to preserve biodiversity and promote local development. SDGs: 11,13, 15

In Liverpool Bay we have created an operating model to safeguarded the area and create value for all the stakeholders involved. Soon we will realize a carbon dioxide storage in the area.

More about Liverpool Bay


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.


More about Kashagan