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Eni and Italian Agency for Development Cooperation Strengthen Cooperation for Sustainable Development in Mozambique

Strategic Insights

— 1 min read

In a bid to bolster cooperation on initiatives that enhance the well-being of communities in Mozambique, Eni Rovuma Basin and the Italian Agency for Development Cooperation (AICS) have signed a letter of intent. The agreement encompasses collaboration in various sectors, including agriculture, environmental protection, and technical and vocational education and training. This partnership is a joint commitment to sustainable development and inclusive growth, aligned with the objectives of the United Nations 2030 Agenda for Sustainable Development. Eni's operations in Mozambique date back to 2006, with significant natural gas reserves discovered in the Rovuma Basin between 2011 and 2014.

Key Takeaways:

  • Eni and AICS will collaborate in sectors such as agriculture, rural development, environmental protection, and technical and vocational education and training to improve the well-being of communities in Mozambique.
  • The partnership focuses on sustainable development and inclusive growth, with a goal of contributing to the long-term well-being of local communities and advancing the objectives of the United Nations 2030 Agenda for Sustainable Development.
  • Eni has operated in Mozambique since 2006 and has discovered significant natural gas reserves in the Rovuma Basin between 2011 and 2014, estimated at approximately 2,400 billion cubic meters.
  • Eni is the delegated operator of the Coral South project, Mozambique's first liquefied natural gas (LNG) production initiative, which has delivered over 100 LNG cargoes since starting production in 2022.
  • AICS operates development cooperation projects under the direction of the Italian Ministry of Foreign Affairs and International Cooperation, with a network of 20 offices abroad, including 10 in Africa.
  • In Mozambique, AICS has partnerships with government institutions, civil society organizations, and United Nations agencies.

Statistics:

  • 2,400 billion cubic meters: the estimated natural gas reserves in the Rovuma Basin discovered by Eni between 2011 and 2014.
  • 100: the number of LNG cargoes delivered by the Coral South project since starting production in 2022.
  • 2006: the year Eni began operating in Mozambique.
  • 2011-2014: the period during which Eni discovered significant natural gas reserves in the Rovuma Basin.
  • 2022: the year the Coral South project started production.
  • 20: the number of AICS offices abroad, including 10 in Africa.
  • 10: the number of AICS offices in Africa.

Sources:

  • Trend News Agency - no publication date
  • "Eni Rovuma Basin and Italian Agency for Development Cooperation (AICS) Sign Letter of Intent to Strengthen Cooperation on Initiatives Aimed at Improving the Well-being of Communities in Mozambique"

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