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  • Eni signs long term LNG agreement for deliveries from North Field East expansion project in Qatar
    édité le 23/10/2023 - Plus de news de "Eni" - Voir la fiche entreprise de "Eni"


Eni signs long term LNG agreement for deliveries from North Field East expansion project in Qatar
Eni has signed a long-term contract with QatarEnergy LNG NFE, the JV between Eni and QatarEnergy for the development of the North Field East (NFE) project in Qatar, for the delivery of up to 1.5 billion cubic meters per annum (bcma) of LNG. The available volumes will be delivered at the receiving terminal “FSRU Italia”, currently located in Piombino, Italy, with expected deliveries starting from 2026 with a duration of 27 years.

The LNG volumes produced by the NFE project will increase Qatar’s LNG production by 45 bcm in addition to the current 108 bcm. The LNG supply contract will contribute to Italy's security of supply through the diversification of its supply sources. Eni is already importing in Europe 2.9 bcma from Qatar since 2007 under a long term supply agreement.

This agreement strengthens the partnership between Eni and QatarEnergy, and it is a further step in the development of Eni’s integrated global LNG portfolio.

The participation in the NFE project and the LNG contract are in line with Eni's transition strategy, which aims to progressively increase the role of gas in Eni's upstream production, reaching 60% by 2030, and increasing the contribution of equity LNG, leveraging integration between upstream and gas marketing activities.

About Eni

Eni is an integrated energy company employing more than 34.000 people in 69 countries in the world. Eni engages in oil and natural gas exploration, field development and production, as well as in the supply, trading and shipping of natural gas, LNG, electricity and fuels. Through refineries and chemical plants, Eni processes crude oil and other oil-based feedstock to produce fuels, lubricants and chemical products that are supplied to wholesalers or through retail networks or distributors.

About QatarEnergy LNG

QatarEnergy LNG is a unique global energy operator in terms of size, service and reliability. The Company operates 14 Liquefied Natural Gas (LNG) trains with a total annual production capacity of 77 million tonnes. This makes QatarEnergy LNG the largest LNG producer in the world. Established in 1984, QatarEnergy LNG develops and produces hydrocarbons from the world’s largest non-associated natural gas field. In addition to producing LNG, QatarEnergy LNG is also a leading exporter of natural gas, helium, condensate and associated products. QatarEnergy LNG is committed to safety, environmental sustainability, flawless project delivery, and the reliability and efficiency of our production facilities, playing a key role at the core of Qatar’s effort to become a global leader in the LNG industry.


Origine : Communiqué Eni

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