Eni, through its satellite company Azule Energy - a 50:50 joint venture with bp and the operator of the New Gas Consortium (“NGC”) – inaugurated the NGC Gas Treatment Plant in Soyo, northern Angola. The ceremony was attended by the President of the Republic of Angola, João Gonçalves Lourenço, alongside the Minister of Mineral Resources, Petroleum and Gas, Diamantino Azevedo, and the Chairman of the Board of Angola’s National Oil and Gas Agency (ANPG) Paulino Jeronimo.

The NGC project, which was operated by Eni before the establishment of Azule Energy, is Angola’s first non-associated gas development, with a processing capacity of approximately 400 million standard cubic feet of gas per day (MMscfd) and 20,000 barrels of condensate per day. Gas is sourced from the offshore Quiluma and Maboqueiro fields, treated and then supplied to the Angola LNG plant for export and domestic consumption.

Today’s milestone marks a decisive step in positioning Angola as a strategic player in the global natural gas market. The NGC project supports the country's energy diversification and represents responsible resource development, enabling growth in other key sectors such as fertiliser production for agriculture.

The gas treatment plant entered the commissioning phase with gas in November 2025, marking the beginning of operations for the NGC project - achieved just 24 months after the groundbreaking ceremony in October 2023 and six months ahead of the sanctioned schedule.

The New Gas Consortium is operated by Azule Energy with 37.4% participation, in partnership with Cabinda Gulf Oil Company (CABGOC) with 31%, Sonangol E&P with 19.8%, TotalEnergies with 11.8%, and ANPG as the National Concessionaire.

About Eni

Eni is a global energy tech company operating in 64 Countries, with about 32,500 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni's goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers.
In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni's areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy - a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.

About Azule Energy

Azule Energy produces over 200,000 barrels of oil per day. The company supports Angola in developing its energy sector and transitioning to cleaner energy sources. The company prioritizes sustainability, innovation, and growth, believing that investment in oil and gas, combined withdecarbonization technologies and renewable energy, can make Angola’s energy system more resilient and reliable.
In Namibia, Azule Energy holds a 42.5% stake in Block 2914A (PEL85) and works closely with partners in exploring and developing resources in the promising Orange Basin.