Eni CEO, Claudio Descalzi, and the CEO of Sonatrach, Toufik Hakkar, signed two agreements which outline future joint projects on energy supply, energy transition and decarbonisation.
The companies will identify opportunities for the reduction of greenhouse gas and methane gas emissions and will define energy efficiency initiatives, renewable energy developments, green hydrogen projects and carbon dioxide capture and storage projects, to support energy security and at the same time a sustainable energy transition.
In addition, they will conduct studies to identify possible measures to improve Algeria’s energy export capacity to Europe.
These agreements bear witness to our commitment to ensuring Italy’s security of supply while at the same time pursuing our decarbonisation objectives. The partnership between Italy and Algeria gets stronger today, and Algeria’s key role as one of Europe’s main energy suppliers is confirmed
Eni CEO Claudio Descalzi commented.
Eni also recently announced the incorporation of Eni Sustainable Mobility, its new company dedicated to sustainable mobility.
The company is integrated along the entire value chain, bringing together services and products that support the energy transition and accelerate the path to net zero emissions throughout their entire life cycle.
Eni Sustainable Mobility will develop bio-refining, biomethane and the sale of mobility products and services in Italy and abroad, on a path that will enable the company to evolve into a multi-service, multi-energy company.