Italian major Eni has signed a memorandum of understanding (MoU) with SPP, Slovakia’s largest energy supplier, to cooperate in the gas and LNG sector. The pair would form a commercial cooperation, aimed at identifying initiatives to contribute to Slovakia’s ability to diversify its gas supply, Eni said in its statement.
The signing took place on the occasion of Italian President Sergio Mattarella’s state visit to Slovakia, the statement said.
According to the agreement, Eni and SPP will evaluate initiatives in the areas of trade and management of regasification and transport capacities to secure and strengthen the strategic supply of natural gas to be consumed in the Slovak Republic.
This signing highlights potential areas of cooperation and collaboration between European energy players to improve the continent’s access to safe, reliable and sustainable energy sources, Eni said.
Eni notes on its website that gas plays a central role in its strategy to achieve net zero GHG emissions (scope 1,2,3) by 2050. It remains a key element not only for Eni’s business , but also to strengthen energy security. supply, says the company.
The combination of these two aspects, the reduction of GHG emissions and energy security, makes natural gas a major contributor to the energy transition, Eni says on its site. For these reasons, the gas component will be increasingly dominant in Eni’s production mix, representing 60 percent of hydrocarbon production in 2030 and more than 90 percent in 2050, in a context in which ‘expects global hydrocarbon production to reach a plateau in 2025 and beyond. decreases over time, adds Eni.
The use of natural gas to improve access to energy is also part of Eni’s commitment to the Sustainable Development Goals (SDGs) of the United Nations.
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