Eni Details Gas Delivery Start From Offshore Angola Project; Shares Up Pre-Bell

MT Newswires Live03-17 18:30

Eni (E) said Tuesday that the first gas delivery has been made from New Gas Consortium's Quiluma field offshore Angola.

Initial gas export from the project is set at 150 million standard cubic feet per day, with output expected to ramp up to 330 MMSCF/day within 2026.

New Gas Consortium is operated by Azule Energy, which is a BP (BP) and Eni company.

Eni shares were up 3.5% in premarket activity, while BP rose 2.2%.

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