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-1.20676415720126E-16 -1.20676415720126E-16 0.000339673913043531 0 0.000679347826086942 -0.000169836956521705 0 0.00118885869565218
Stock impact report

Eni Expands in Mediterranean With Cyprus Block 6 Gas Deal [Yahoo! Finance]

ENI S.p.A. (E) 
US:NYSE Investor Relations: eni.com/en_it/investors.page
Company Research Source: Yahoo! Finance
In This Article ENI.MI SM NEXT VNOM Eni SpA E, the Italian energy giant, has signed an agreement with Egypt and Cyprus for the development and export of gas from Cyprus' Block 6 through Egypt's existing infrastructure. The deal, signed in Cairo on Feb. 17, marks a significant step toward establishing an Eastern Mediterranean gas hub. The agreement, signed by Egypt's minister of Petroleum Karim Badawi, Cyprus' minister of Energy George Papanastasiou, Eni CEO Claudio Descalzi, and TotalEnergies, outlined a framework for the rapid development of the Cronos gas discovery offshore Cyprus. The gas will be transported to Egypt's Zohr facilities, processed, and then liquefied at the Damietta LNG plant for export to European markets. Egypt's president Abd Read more
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