Categories: World

Eni plans to launch Petronas gas joint venture in 2026

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TDG Syndication

LONDON, Oct 13 (Reuters) - Italian oil major Eni is aiming to get its gas joint venture with Malaysia's Petronas up and running some time next year, group COO Guido Brusco said on Monday. The firms announced they were pressing ahead with the project, to develop gas assets in Malaysia and Indonesia, earlier this year, though the timeline for launch was not clear, with Petronas saying it could take 1 to 2 years pending regulatory approval. The project will produce 300,000 barrels per day of oil equivalent (boe), with plans to grow to 500,000 boe, Brusco said at an industry conference in London. (Reporting by Reuters, writing by Robert Harvey; Editing by Kirsten Donovan) (The article has been published through a syndicated feed. Except for the headline, the content has been published verbatim. Liability lies with original publisher.)
TDG Syndication
Published by TDG Syndication