Eni and Sonatrach Sign Strategic Agreements to Reduce Emissions and Increase Energy Security
Eni and Sonatrach signed two agreements in Algiers that outline future joint projects on energy supply, energy transition and decarbonisation. The agreements aim to accelerate emissions reduction and strengthen energy security by collaborating on projects related to clean energy and sustainable development.
The agreements between Eni and Sonatrach will focus on finding ways to cut greenhouse gas and methane gas emissions, as well as putting together plans for energy efficiency, renewable energy, green hydrogen, and carbon dioxide capture and storage projects.
These projects will support energy security and a sustainable energy transition. Also, the companies will do studies to find out what could be done to improve Algeria's ability to export energy to Europe. The agreements should make Algeria's energy exports more sustainable and increase the amount of energy that comes from renewable sources.
Eni CEO Claudio Descalzi commented: “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."