YPF's Horacio Marin and Eni's Claudio Descalzi (Image: Eni)
Italian energy firm Eni has signed a participation deal with Argentina’s state-owned oil and gas company YPF for the third phase of the latter’s Argentina LNG export project.
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State-owned LNG giant QatarEnergy expects the damage to two liquefaction trains at its giant Ras Laffan complex to take three years to repair, according to Qatar’s energy minister and CEO of QatarEnergy, Saad Sherida Al-Kaabi.
India’s state-run Bharat Petroleum Corp (BPCL) has signed an agreement with Italy's Eni as it works to further diversify its liquefied natural gas (LNG) supply sources.
Argentina LNG, a joint venture of Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG, has submitted its application to join Argentina’s large investment incentive regime (RIGI), supporting the development of the large-scale LNG export project with a total investment of $51 billion.
Argentina’s state-owned oil and gas company YPF and its partners Eni and XRG are still targeting a final investment decision on the 12 mtpa Argentina LNG project by the end of this year, according to YPF CEO Horacio Marin.
Italian energy firm Eni said on Wednesday that its previously announced sale of a 25 percent stake in the Congo LNG project to energy trader Vitol was not finalized.