The Oil Giant Planning To Make Russian Gas Irrelevant By 2025

OilPrice.com | Sep 7, 2022 at 3:40 AM
  • Italian Eni has vowed to fully replace Russian gas by 2025 thanks to major developing LNG projects from Africa to the Middle East and major discoveries in the Eastern Mediterranean.
  • The gas riches of the Eastern Mediterranean will also play a role in Eni’s plan to save Europe from Russian gas.
  • In late August, Eni and its partner, French TotalEnergies, confirmed a major gas discovery in a wildcat well in the Eastern Mediterranean, offshore Cyprus.