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San Donato Milanese (Milan), 8 March 2022 - Eni and the Minister of Agriculture, Livestock and Fisheries of the Republic of Benin signs a cooperation agreement to develop jointly initiatives on the agro-industrial chain, for biorefining use.
Under the terms of the agreement, the parts will evaluate potential opportunities in the country in the field of agriculture and vegetable raw material to develop oil crops for Eni’s biorefining system. More in details, the cooperation agreement focuses on the low ILUC (Indirect Land Use Change) crops identified in areas subject to natural and anthropic degradation, thus valorizing marginal lands while not competing with the food chain.
The agreement will allow Eni to contribute to the development of new industrial models in the country, ensuring the sustainability along the whole agro-feedstock supply chain. It will play a key role in the energy transition for both Eni and the Republic of Benin, which is taking the lead on it in the region and is already a net negative CO2 issuer. Also, it will benefit the employment market and the economic sector, capitalizing on the competitiveness of a local industry with a solid agricultural vocation.
The agreement confirms a new area of activity for Eni in the country and follows the 6 agreements signed in recent months to support the decarbonization process and promote circular economy initiatives in the African countries, by leveraging the role that agro-feedstock can play in Eni’s path to achieve carbon neutrality by 2050.
Eni’s business model has long since been oriented towards value creation for all stakeholders in the long term, combining economic, financial and environmental sustainability to contribute to the United Nations Sustainable Development Goals. To this end, Eni aims to further expand and diversify the biorefining system’s supply sources, leveraging its know-how in the sector to promote the development of agricultural and industrial projects in the areas of agro-feedstock, biorefineries and biofuels.
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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.)
If questions are formulated that violate the set security criteria, the system will not proceed with processing the response. Please remember not to send personal data.
By using this service, the users acknowledge that they have read and accepted the terms and conditions of use.
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