Eni signs MoU to promote collaboration with Chinese energy players
Eni and the International Cooperation Centre of the National Development and Reform Commission (ICC-NDRC) have signed a memorandum of understanding to promote collaboration between Eni and Chinese energy players.
The MoU establishes a cooperation framework aimed at facilitating joint initiatives between Eni and Chinese counterparts across the entire energy value chain in China and internationally.
A partnership “allows Eni and ICC-NDRC to share knowledge and best practices, assess the impact of energy policies and market regulations, identify areas of mutual interest, and develop relationships with Chinese institutions and companies at the national, provincial and municipal levels,” Eni said in a press release on the 29th December.
Under a shared goal of sustainable development and energy transition to decarbonisation, the statement continued, the parties “will explore potential opportunities of collaboration focusing on low-carbon energy sources, advanced technologies, and circular economy initiatives.”
Eni has been present in China since 1984 and recently established a new representative office in Beijing.
Source: Oil & Gas Journal