Italy's Eni joins giant Qatar gas project after Russian cuts

Italian company Eni on Sunday joined Qatar Energy’s $28.75 billion project to expand production from the world’s biggest natural gas field, days after Russia slashed supplies to Italy.

Eni will own a stake of just over three percent in the North Field East project, Qatar Energy’s CEO told a signing ceremony in Doha.

Qatar announced last week that France’s TotalEnergies will be its first, and largest, foreign partner on the development, with a 6.25 percent share.

An unknown number of companies are also set to be named.

source

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