Eni ‘to invest $50bn’ in Mozambique gas


Issue 220 - 18 Nov 2011 | 1 minute read

It has drilled only one well, but the extent of Eni’s ambitions for its gas find in Mozambique’s Offshore Area 4 are becoming apparent, with the Italian major’s chief executive, Paolo Scaroni, telling one interviewer it could invest $50bn in developing the discovery and building infrastructure to export the gas to Asia

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