The two companies will identify opportunities to reduce greenhouse gas and methane emissions, define energy efficiency initiatives, renewable energy development, green hydrogen projects, carbon capture and storage projects, and develop energy security and sustainable at the same time. Support the energy transition. In addition, they will conduct research to identify possible measures to improve Algeria’s energy export capacity to Europe.
Eni CEO Claudio Descalzi and Sonatrach CEO Toufik Hakkar have signed two contracts in Algiers outlining future joint projects on energy supply, energy transition and decarbonization. The agreement was signed in the presence of Italian Prime Minister Giorgia Meloni and Algerian People’s Democratic Republic President Abdelmadjid Teboun.
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Through these agreements, Eni and Sonatrach will identify opportunities to reduce greenhouse gas and methane emissions, define energy efficiency initiatives, renewable energy developments, green hydrogen projects, carbon capture and storage projects, and develop energy While supporting security, it ushers in a time for a sustainable energy transition. In addition, the two companies will conduct research to identify possible measures to improve Algeria’s energy export capacity to Europe.
Eni CEO Claudio Descalzi commented: Today, the partnership between Italy and Algeria has been strengthened, confirming Algeria’s important role as Europe’s leading energy supplier. “
Eni has been in Algeria since 1981. Eni has a stock production of 100,000 barrels of oil equivalent per day and is the country’s leading international company.
