In a series of meetings, US Ambassador Tilman Fertitta, US Secretary of Interior and Chair of the National Energy Dominance Council, Doug Burgum, and US Secretary of Energy, Chris Wright, met with Eni CEO, Claudio Descalzi, for an update on Eni’s activities with US partners and to share views on international energy scenarios.
The parties reiterated their mutual satisfaction with the agreement announced in July between Eni and Venture Global for the long-term supply of American LNG, which will allow Eni to further expand and diversify its gas portfolio to the benefit of Europe’s security of supply. The agreement was also celebrated at Gastech, the global gas conference taking place in Milan during the meeting between Guido Brusco, Eni’s COO, Global Natural Resources, and Michael Sabel, Venture Global CEO.
Descalzi described the growing importance of the United States as a reference country for Eni’s activities and investments, and recalled the several strategic partnerships with leading US investors that have joined Eni in its distinctive satellite model, across the energy value chain, with Plenitude, Enilive and Eni CCUS Holding.
Furthermore, Descalzi recalled Eni’s long-standing presence in the US’s energy sector, which has its roots in the Oil&Gas sector in Houston, and expanded in recent years to several new initiatives, ranging from solar power with a focus on Texas, to a significant partnership with PBF Energy on biorefining in Louisiana, to its Boston-based corporate venture capital EniNext and its role as a leading industrial investor in the unique US fusion energy sector with CFS - Commonwealth Fusion Systems.
Descalzi emphasized the strategic importance of its commitment to fusion, and discussed with US partners the latest developments with Eni’s continued support to CFS in the framework of its B2 funding round.
Source: Eni
