- BUSINESS MEETINGS AND AGREEMENTS
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Brazzaville (Republic of Congo), 1 October 2022 - The President of the Republic of Congo, Denis Sassou N’Guesso, met Eni’s Chief Executive Officer Claudio Descalzi in Brazzaville today, to discuss the Company’s main business activities in the country, as well as other innovative initiatives, in line with the company's commitment to a just energy transition. The Minister of Hydrocarbons, Bruno Jean Richard Itoua, also attended the meeting.
Mr Sassou N’Guesso and Mr Descalzi focused on the progress made towards the valorisation and commercialisation of the country's gas resources, which will enable the export of around 1 billion cubic metres of gas in the winter of 2023-2024 and up to 4.5 billion per year from winter 2024-2025 onwards through the use of floating LNG facilities.
The President and CEO then discussed the agri-feedstock initiatives launched in Congo, based on the cultivation of castor and other oilseeds for biorefining. The initiative leverages abandoned or degraded land, so as to avoid competing with the food chain. The start-up of the first agri-hub for vegetable oil production is planned for 2023, with a capacity of 30,000 tonnes/year, thus achieving 170.000 tonnes/year in 2026 and 200.000 tonnes/year by 2030, delivering significant economic and social developments for rural communities. Expected impacts include income generation for more than 5,000 households in 2023, rising to 100,000 by 2030.
Studies are also underway to implement Natural Climate Solutions projects in forestry, in synergy with agri-feedstock initiatives. These will generate carbon credits and positive social and economic impacts for local communities while promoting biodiversity conservation.
The parties also took stock of the upcoming project to distribute improved cookstoves, which will replace traditional biomass devices, significantly reducing the impact on forests and enabling carbon credits generation. Local businesses will be involved in the manufacturing of high-efficiency stoves, thus promoting local entrepreneurship and ensuring economic development.
Finally, the parties discussed of the main projects contributing to the achievement of the United Nations’ Sustainable Development Goals, including the Hinda Integrated Project, which provides access to water, medical care and education to some 25,000 beneficiaries. A new project will provide support to technical and vocational schools in the Departments of Pointe Noire and Plateau to improve training, with the aim of promoting job creation for young people.
Eni has been present in Congo for over 50 years. To date, it is the only company committed to develop the Country’s vast gas resources. It also supplies gas to the Congo Electric Power Station (CEC), which provides 70% of the country's electricity production.
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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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