Eni inaugurates Phase 2 of the Congo Lng project with the first cargo of liquefied gas from Nguya Flng

Eni takes a decisive step forward in Congo. Where the group's CEO, Claudio Descalzi, and the President of the Congolese Republic, Denis Sassou N'Guesso, today attended the ceremony in Pointe Noire for the first cargo of liquefied natural gas from the Nguya Flng floating plant, marking the start of gas exports from Phase 2 of the Congo Lng project. Thanks to this milestone, Eni is, on the one hand, proceeding along the path that will lead to a growth of the Lng portfolio to 20 million tonnes per annum (Mtpa) by 2030, leveraging the flexibility, competitiveness and geographic diversification of equity projects, and, on the other hand, consolidating its path towards building a leadership position in the Lng market.

With Phase 2, the Congo Lng project has a total liquefaction capacity of 3 Mtpa of LNG, or 4.5 billion cubic metres of gas per year, leveraging the gas resources of theNené and Litchendjili fields in the offshore Marine XII licence. Phase 1 of Congo Lng, which started with the Tango Flng liquefaction unit, reached start-up in December 2023, just over a year after project definition. The start-up of Phase 2 in turn comes just 35 months after the start of construction of the Nguya Flng unit and sets, the group points out in a note, 'a new international industry standard in terms of execution speed and efficiency'

"Today we are reaching a very important milestone, achieved thanks to the relationship of trust built with the country's institutions and local communities. We have been the only company to invest in gas to develop the domestic market and reduce routine flaring, a choice made over twenty years ago that has led us to discover volumes such as to allow exports as well," commented Eni's number one, Claudio Descalzi. The Phase II of the Congo Lng project was completed in record time compared to the industry average, increasing the availability of gas on international markets and contributing to Italian and European energy security, while generating concrete benefits for the local economy".

In December Eni had announced, again ahead of schedule, Phase 2 of the Congo Lng project with the arrival of the Nguya Flng floating liquefaction plant, and the introduction of gas into the new infrastructure system in the Congolese offshore. Now a new milestone has been reached for the project, which highlights the group's ability to transform gas resources into strategic value for the country and international markets. Eni has been present in the Republic of Congo since 1968. With anequity production of around 70,000 barrels of oil equivalent per day (kboed) in 2025, expected to rise to 110 kboed in 2026, Eni is to date the leading producer of associated and non-associated gas in the African state.