- BUSINESS MEETINGS AND AGREEMENTS
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Porto-Novo (Benin), 4 October 2021 – The CEO of Eni, Claudio Descalzi, has met with the President of Benin, Patrice Talon, to discuss a possible collaboration in the field of the energy transition and the circular economy.
Mr. Descalzi and President Talon discussed projects for the agro-industrial chain, focused on the valorization of agricultural waste and the production of oleaginous plants that do not inhibit food production, to be used in bio-refining, where Benin can play an important role as a country with a strong agricultural sector.
Eni's Chief Executive Officer, Claudio Descalzi, commented: "We presented to President Talon our development model for the agricultural by-products chain, which we believe could prove to be important and advantageous for local communities and for the country's energy industry in the long term, as well as supporting our path of transforming traditional fuels into biofuels ”.
Benin is a leading cotton producer in West Africa, whose by-products can be used as bio-refineries bio feedstock, promoting a real and concrete example of the circular economy. The initiative would result in strong synergies along the entire value chain, with important benefits for both farmers and cotton mills.
Other opportunities discussed during the meeting include the development of the cultivation of castor bean, a drought-resistant plant which would allow to recover areas that are degraded from an agricultural point of view, while also creating new employment opportunities.
Eni has begun a new phase in the evolution of its business model, which is strongly oriented towards value creation for all stakeholders in the long term, combining economic, financial and environmental sustainability. The company's strategy aims to achieve net zero Scope 1, 2 and 3 emissions (Net GHG Lifecycle Emissions) and eliminate its relative emissions intensity (Net Carbon Intensity), referring to the entire cycle of life of energy products sold, further strengthening its intermediate decarbonisation objectives.
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EnergIA (ener'dʒia) is a system based on Generative Artificial Intelligence.
Thanks to this technology, we can respond to your requests by querying the most relevant content and documents available on eni.com. (Note: financial documents from the last 12 months and press releases from the last 2 years are considered.)
Through EnergIA, you can delve into topics of interest and have a real-time window into the world of Eni.
If you wish to search for a specific document, press release or news, use the traditional search engine via the magnifying glass icon.
Like all systems that leverage Generative Artificial Intelligence, EnergIA may generate inaccurate or outdated responses. Always consult the sources that EnergIA proposes as the origin of the generated information.
If the system fails to find an exact match for the requested content, it still tends to provide a response.
If you find any inaccuracies in the provided response, please send us your feedback at the bottom of the page: it will be very helpful for us to improve.
Remember that the content generated by the system does not represent Eni’s official position. We therefore invite stakeholders to refer to their designated contacts for official statements: Press Office for journalists, Investor Relations for analysts and investors, Company Secretariat for shareholders etc..
EnergIA can understand questions posed in almost all languages, but we prefer to provide you with a response in English or Italian, the two languages available on eni.com. If you ask a question in Italian, the content on the site in Italian will be consulted. If you ask it in English or any other language, the content in English will be consulted. (Note: the language Eni uses for financial documents/content is predominantly English.)
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