Eni, Zhejiang Energy Group Sign MoU to Cooperate in Gas, LNG Sector
March 30 2021 - 7:25AM
Dow Jones News
By Giulia Petroni
Eni SpA said Tuesday that it signed a memorandum of
understanding with Zhejiang Energy Group Co. to cooperate in the
sector of gas and liquefied natural gas in China and
internationally.
The Italian oil-and-gas major said the cooperation includes
developing a long-term LNG supply agreement as well as jointly
participating in gas or LNG projects.
"The MoU builds on the companies' shared goal of promoting a
reduction in emissions by favoring a switch from coal to gas in the
production of electricity," it said.
Write to Giulia Petroni at giulia.petroni@wsj.com
(END) Dow Jones Newswires
March 30, 2021 07:10 ET (11:10 GMT)
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