- BUSINESS MEETINGS AND AGREEMENTS
- NATURAL RESOURCES
Algiers (Algeria), 3 April 2022 - Eni's Chief Executive Officer, Claudio Descalzi, met today in Algiers the Prime Minister Aymen Benabderrahmane and the Minister of Energy, Mohamed Arkab, to discuss the company's current and future activities in the country, and the current energy crisis. Within this framework, the historic partnership between Sonatrach and Eni is already working to define further opportunities for supplying gas to Italy.
Claudio Descalzi was then received by the CEO of Sonatrach, Toufik Hakkar. The parties discussed the issue of gas supply and reviewed the short- and medium-term initiatives underway to increase supplies through the TransMed / Enrico Mattei gas pipeline.
The meeting was an opportunity to confirm the will to accelerate the development of new oil and gas projects in the area of the Berkine South contract, which entered into force on 6 March. The project includes the fast-track construction of a new oil and gas development hub in the region, leveraging synergies with the existing MLE-CAFC assets (Block 405b). Eni’s and Sonatrach’s commitment is based on the shared strategy of an accelerated time to market and on the availability and capacity of the Sonatrach group contracting companies which will carry out the work. The planned activities will allow a significant increase in national production already this year, with the first production expected in July, just three months after the agreement entering into force.
Finally, the parties confirmed their joint commitment to accelerate the decarbonisation of activities by replacing gas with renewable energy sources.
At the end of the meeting, Eni's CEO thanked Sonatrach for the constant support and the friendly and fruitful relationship: "Today's meeting is testimony to the commitment made by Sonatrach and Eni to strengthen their partnership in Algeria, in line with a shared strategy of accelerated project development, and pursuing decarbonisation objectives as part of our commitment to achieve carbon neutrality in the long term”.
Eni has been present in Algeria since 1981. With an equity production of 100,000 barrels of oil equivalent per day, Eni is the main international company in the country.
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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.
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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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