Middle East Economic Survey

VOL. XLVIII

No 10

7-March-2005

Eni Counting On Middle East/North Africa For Aggressive Upstream Growth

Eni will rely upon substantial growth in oil and gas production from its existing Middle East and North African (MENA) assets in order to meet its global production target of 2mn b/d of oil in 2008 and 70bcm of gas sales outside Italy. The companys strategic plan for the 2005-08 period, launched in London on 1 March, showed that Eni achieved year-on-year production...