Cairo – Eni and the Egyptian Authorities have agreed on a common strategy to implement a series of renewable energy projects in order to promote the development of a more sustainable energy mix in Egypt. Eni has been present in Egypt since 1954 where it operates through IEOC Production BV. The present equity production in the country is about 210 thousand barrels of oil equivalent per day. Eni operates in Egypt in all the gas sectors, from production to utilization, including export facilities. The new positioning in the renewable sector will allow the company to maximize the gas value chain in the country. (9Colonne)
