Profit and simplification of operations
In 2016 Eni foresees a slight increase in demand in the Gas & Power sector, albeit far from the pre-crisis levels in a world where competition for carbon and renewable energy sources continues to be fierce. Over the next few years, the general situation of oversupply will be intensified by the current slowdown of the Chinese economy, Europe playing an increasingly important role, where over 60% of consumption is exchanged. Our priority is productivity and the generation of sustainable cashflow earnings, by means of the following interventions:
- a complete adjustment of the portfolio of gas supply at market price
- simplification of operations and optimisation of logistics costs, saving €300 million by 2019
- a renewed focus, both in the B2B segment and in markets with greater profit margins by launching innovative products
- an improvement in trading activities and LNG in the light of the recent upstream discoveries.