Performance of the year
In 2018, the total recordable injury rate (TRIR) amounted to 0.56, increasing by 51.4% compared to 2017, as result of the higher number of accidents (+2 events) registered among the contractors, partly offset by the better performance in the employees. The greenhouse gas emissions (GHG) reported an improved performance, approximately 2%, due to lower power generation (down by 3.6% vs. 2017). GHG emissions/kWheq relating to electricity production slightly increased by 1.8% compared to the previous year due to the higher consumption of refinery gas in place of natural gas at the Ferrera Erbognone site. In 2018, the Gas & Power segment reported an adjusted operating profit of €543 million, more than doubled compared to 2017 following the restructuring of all business lines, in particular the growth in LNG sales, power optimizations and reduction of gas logistic costs, supported by a scenario which allowed to enhance the flexibility of the portfolio assets. Eni worldwide gas sales amounted to 76.71 bcm, down by 4.12 bcm or 5.1% compared to 2017. Eni’s sales in Italy (39.03 bcm) increased by 4% compared to 2017. Electricity sales recorded an increase of 5% (up by 1.74 TWh) compared to 2017, due to higher volumes sold to the Italian power exchange. Capital expenditure amounting to €215 million mainly related the gas marketing activities and the power business.
|(€ million)||2018||2017||2016||Change||% Ch.|
|Total of capital expenditure||215||142||120||73||51.4|
In 2018, capital expenditure amounted to €215 million, mainly related to gas marketing initiatives (€161 million) and to the maintenance, flexibility and upgrading initiatives of combined cycle power plants (€46 million).