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2019-05-17 07:20:00

ENI, SONATRACH GAS CONTRACT

ENI, SONATRACH GAS CONTRACT

ENI - Eni and Sonatrach have signed agreements to renew the gas supply contract to import Algerian gas into Italy until 2027 (plus two further optional years) also defining the transportation arrangements through the pipeline crossing the Mediterranean Sea. These agreements follow in the steps of a partnership on gas supply and transportation that was established more than 40 years ago, encompassing major pipeline projects and many decades of successful supply to Italy.

Eni's Ceo, Claudio Descalzi, commented: "I am particularly pleased with the renewal of the gas supply contract and the level of the strategic partnership with Sonatrach which spans from the exploration and production sector, to gas marketing and transportation, to renewables".

Today's agreement covers almost 15% of the gas imported into Italy.

 

PDF version.

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Earlier:

 

ENI, OMV, ADNOC: $5.8 BLN
2019, January, 28, 09:50:00
ENI, OMV, ADNOC: $5.8 BLN
REUTERS - Italy’s Eni and Austria’s OMV have agreed to pay a combined $5.8 billion to take a stake in Abu Dhabi National Oil Company’s (ADNOC) refining business and establish a new trading operation owned by the three partners.
 
 
TOTAL, SONATRACH INVESTMENT $1.4 BLN
2019, January, 21, 11:00:00
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PLATTS - The companies plan to invest around $1.4 billion for the project with Sonatrach and and Total sharing 51% and 49%, respectively.
 
 ENI, ADNOC CONCESSION
2018, November, 14, 11:25:00
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ADNOC - ADNOC signs First Hail, Ghasha and Dalma Ultra-Sour Gas Concession with Italy’s Eni
 
 ALGERIAN OIL & GAS UP
2016, June, 27, 18:10:00
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Oil output will reach 69 million tonnes of oil equivalent in 2016, against 67 million tonnes last year, while gas production will rise to 132.2 billion cubic meters (bcm) from 128.3 bcm in 2015 and 130.9 bcm in 2014, a Sonatrach report showed.
 
 
 
 
 
 
 
 

 

Tags: ENI, SONATRACH, GAS, ALGERIA