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Gas Treatment, Liquefaction Units of Congo LNG Phase 2 Completed

Earlier this year Eni signed an agreement with Vitol to partner in Congo LNG and other producing and undeveloped oil and gas assets in Congo-Brazzaville and Cote d’Ivoire. The $1.65 billion transaction will see Vitol acquire a 25 percent stake in Congo LNG and 30 percent in the Ivory Coast’s Baleine field, where Eni has 77.25 percent, as announced by the companies March 19.