Gazprom Wants Stake in Eni's Mozambique Gas Assets
Italian energy company Eni SpA is willing to talk to OAO Gazprom about a natural gas deal in Mozambique, although there has been no interest expressed by the Russia behemoth, Chief Executive Paolo Scaroni said Wednesday.
When ask to comment on speculation about interest from the Russian company, Mr. Scaroni said: "This is news to us especially considering how much gas Gazprom has of its own."
Mr. Scaroni told reporters on the sidelines of a conference in Ravenna, northern Italy: "In the search for a partner in the Mamba [field] in Mozambique, we will listen to them [Gazprom], talk to them," referring to the excellent relationship between the two companies. Eni is Gazprom's biggest international corporate buyer of its gas.
Gazprom is interested in a stake in Eni's project in Mozambique but hasn't made an offer yet, said Sergei Kuprianov, a spokesman for the Russian company. He added that discussions are ongoing.
Last week, Eni agreed to sell a 20% stake in its 70% holding to China National Petroleum Corp. for $4.21 billion in a giant offshore gas asset in Mozambique.
Eni has said it has found reserves of 75 trillion cubic feet in the Mozambique field. According to Bernstein Research this amount corresponds to four years of total European gas demand. It is Eni's largest gas find.
WHAT DO YOU THINK?
Generated by readers, the comments included herein do not reflect the views and opinions of Rigzone. All comments are subject to editorial review. Off-topic, inappropriate or insulting comments will be removed.
- Court Rejects PGniG's Attempt To Limit Gazprom's Use Of Opal Pipeline (Oct 13)
- Russia's Gazprom Signs LNG Supply Deal With Ghana (Sep 18)
- Gazprom Says Sanctions Won't Stop Nord Stream 2 Pipeline Project (Aug 30)
Company: ENI more info
Operates 11 Offshore Rigs
- Italy Prosecutors Probe Eni For Tax Evasion At Refineries (Nov 22)
- Officials: BP, Eni Interested In Developing Iraq's Majnoon Oilfield (Nov 20)
- Eni's Giant Gas Field Prompts Egypt to End Imports in 2018 (Nov 15)