Ivory Coast, Eni Ink Natural Gas Supply Agreement

The Ivorian government – through the Ministry of Mines, Petroleum and Energy, electric utility CI-Energies and National Oil Company Petroci – has signed a contract with global oil and gas major Eni for the supply of natural gas sourced from blocks CI-101 and CI-802 in the Baleine field.

Signed by Mamadou Sangafowa-Coulibaly, Minister of Mines, Petroleum and Energy and Noumory Sidibe, Managing Director of CI-Energies, the contract enables Eni to supply the state utility with natural gas for electricity production.

Minister Sangafowa, stated that the agreement increases Ivory Coast’s natural gas supply to boost electricity generation and security while supporting economic growth and the country’s energy transition and decarbonization agenda. “This signature marks a decisive step for the energy future of Côte d’Ivoire and confirms the country’s commitment to developing a sustainable and environmentally friendly natural gas industry,” said the Minister. As Africa’s first net zero emissions development, the Baleine field project is expected to help the West African country reduce the share of fossil fuels in its energy mix from 70% to 55% and reach 45% of renewable energies by 2030.

SOURCE:https://energycapitalpower.com/