Eni plans to invest about 20 billion euros ($22.5 billion) in Africa over the next fours,mostlyin oil and gas, the company's Chief Executive Officer Claudio Descalzi said on Friday. "That represents about 60 percent of our investments" (over that period) he said in a presentation at the International Energy Agency in Paris. Descalzi said Eni, which is involved in projects in 15 African countries, will also help boost and diversify the continent's energy mix through investments in renewables. "In the long-term we are going to invest much more to develop the giant gas fields that we have found," he said
"Africa has booming energy demand, but an unsustainable energy mix"
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Read the original article on Theafricareport.com : Oil & Gas: Eni to invest 20 bn euros in Africa | North Africa Follow us: @theafricareport on Twitter | theafricareport on Facebook
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