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President of Mozambique meets Eni’s CEO

The President of the Republic of Mozambique, Filipe Jacinto Nyusi, met Eni’s CEO, Claudio Descalzi, in Maputo.

During the meeting, Mr Descalzi illustrated the progress Eni has made on its projects in the country.

In particular, he discussed the development of Area 4, following Eni’s Board of Directors’ recent approval of the investment plan of Coral South project, in the deep waters of the Rovuma Basin, and the agreement signed in October for the sale of all LNG volumes produced by this project to BP.

Eni’s CEO, Claudio Descalzi
Eni’s CEO, Claudio Descalzi

Eni’s CEO also met with Mozambique’s Prime Minister Carlos Agostinho do Rosário, the Minister of Mineral Resources Letícia Klemens, and the president of the state company ENH Omar Mithá.

Eni, together with ENH and in partnership with Statoil and Sasol, obtained in October 2015 the exploration and development rights for the offshore block A-5A, in the Angoche area, in the deep waters of Zambezi’s northern Basin. Eni and ENH are also partners in Area 4.

Source: Oil Review Africa

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