Thursday, October 29, 2015

Israeli Prime Minister, Benjamin Netanyahu, and the Infrastructure, Energy and Water Minister, Yuval Steinitz, meet Eni's CEO, Claudio Descalzi | ENI

29/10/2015, CET 14:25

 Israeli Prime Minister, Benjamin Netanyahu, and the Infrastructure, Energy and Water Minister, Yuval Steinitz, meet Eni's CEO, Claudio Descalzi

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The Prime Minister of Israel Netanyahu and the Infrastructure and Energy Minister Steinitz met in Jerusalem Eni’s CEO, Claudio Descalzi. During the meeting, Eni’s CEO illustrated the importance of synergies resulting from a joint potential development of natural gas in the Easter Mediterranean by sharing future resources as well as export and transportation infrastructures of Israel, Cyprus and Egypt.

Jerusalem, 29 October 2015 - The Prime Minister of Israel, Benjamin Netanyahu, and the Infrastructure, Energy and Water Minister, Yuval Steinitz, met today in Jerusalem Eni’s CEO, Claudio Descalzi.

During the meeting, Eni’s CEO illustrated the importance of synergies resulting from a joint potential development of natural gas in the Easter Mediterranean.

By sharing future resources as well as export and transportation infrastructures of Israel, Cyprus and Egypt, the area could become a regional gas hub able to also provide an important contribution to the European energy security.

Today's visit is the follow up of previous meetings that Eni’s CEO had held on this subject with the Egyptian president, Abdel Fattah Al-Sisi, last 19 October in Cairo, and with the President of the Republic of Cyprus, Nicos Anastasiades, last 10 September in Nicosia.

Eni is present in the Eastern Mediterranean area in Cyprus with exploration activities and in Egypt with important interests in the upstream. In particular, in the Egyptian offshore, the company has recently discovered Zohr field, the greatest gas find of all times in the Mediterranean Sea.


Source: http://www.eni.com/en_IT/media/press-releases/2015/10/Eni_CEO_Descalzi_meets_Israeli_PM_Netanyahu.shtml