Eni, Sonatrach discuss gas production, exports

Claudio Descalzi, the CEO of Eni, met with the minister of energy and mines of Algeria, Mohamed Arkab, and the newly appointed CEO of Sonatrach, Rachid Hachichi, in Algiers on October 12 to discuss gas production and export, investments in the country, and energy transition initiatives.

Eni and Sonatrach shared their joint programs for the development of Eni's operated gas production, as well as gas and LNG export to Europe, the Italian company said on October 12 in a statement.

Descalzi also updated the minister on the progress of the memoranda of intent (MoI) signed by Eni and Sonatrach last January. The MoI on upstream decarbonisation has propelled several activities, including the detection of fugitive gas emissions in pipelines and plants and the identification of flaring-down opportunities in Sonatrach fields.

The parties also discussed other energy transition initiatives, including renewables, hydrogen, and an electrical interconnector between Algeria and Europe.