Macauhub: ENI Due to Decide This Year on Investment in Natural Gas in Mozambique
Italian group ENI is expected to make a final investment decision by December for the project to explore the natural gas reserves discovered in northern Mozambique, said the CEO of the group.
Claudio Descalzi added, speaking to Jeune Afrique magazine, that a decision on a onshore project with US group Anadarko Petroleum would be taken only in 2017, since it is a more complex process, and advance agreements with international natural gas buyers are needed.
Read the full article HERE.