- BUSINESS MEETINGS AND AGREEMENTS
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Maputo (Mozambique), 11 June 2025 – The President of the Republic of Mozambique, Daniel Francisco Chapo, met Eni Chief Executive Officer, Claudio Descalzi, in Maputo today to discuss the company's ongoing and future activities in the country. The meeting reaffirmed the strong partnership between Eni and Mozambique and highlighted strategic initiatives aimed at supporting the country’s economic growth.
Among the topics discussed was the ongoing success of the Coral South Project, which has contributed to 50% of Mozambique’s GDP growth in 2023 and is projected to represent 70% of GDP growth in 2024 according to the International Monetary Fund, and the recently approved Plan of Development by the Government of Mozambique, for the implementation of the Coral North FLNG project, that will enable the expansion of LNG production from the Coral reservoir in Area 4 of the Rovuma Basin.
The meeting also highlighted Eni’s strategy to diversify its activities in Mozambique, as part of its broader commitment to the country’s energy transition. This includes the implementation of an innovative agribusiness project focused on producing vegetable oil for biorefining. The initiative aims to support the development of rural areas and create opportunities to integrate Mozambique into the biofuel value chain. Also, the company is promoting several carbon offset initiatives, among these, the clean cooking program, which promotes the use of more energy efficient cooking solutions, and other REDD+ initiatives.
Eni has been present in Mozambique since 2006. Between 2011 and 2014, the company discovered vast natural gas resources in the Rovuma Basin, in the Coral, Mamba Complex and Agulha reservoirs, with around 2,400 billion cubic meters of gas in place. Eni is the operator of Coral South project, the first to produce gas from the Rovuma Basin. Eni also contributes to improving the country’s economic diversification, access to education, health and water through implementation of a sustainability plan.
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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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