Eni, Sonangol to Cooperate in Angolan Natural Gas Space

Eni and Sonangol have decided to further strengthened partnership in the Angolan natural gas sector.

The two companies confirmed their commitment to using the gas extracted by Eni in Angola to provide energy for the domestic market and to support the local economy.

Chairman of Sonangol, Francisco de Lemos Maria, on Wednesday met Eni’s CEO, Claudio Descalzi, in Rome to discuss plans to undertake the evaluation of development projects of gas fields in the Angolan basin of the Lower Congo, Eni said in a statement. The gas will be used for the generation of electrical energy in the country, potentially 1.5 GW.

In addition, as part of downstream activities Eni will support Sonangol in order to define the Lobito refinery project, which will be developed in the coming months.

The Italian major believes these initiatives will benefit from Eni’s wealth of experience and technical expertise in the discovery, development and production of gas resources and from Sonangol’s oversight of the gas value chain and Angolan oil products.