Eni looking to sell assets in Pakistan in portfolio rethink – sources

It is working to sell assets in Australia where it aims to keep control of its solar business as it looks to meet aggressive renewable energy targets.

Earlier this year Eni unveiled one of the most ambitious clean-up drives in the oil industry when it pledged to slash its greenhouse gas emissions by 80%.

The move by Eni, which supplied 3 million cubic metres of natural gas a day to Pakistan in 2018, underlines the chronic problems facing the country, where a deep energy crisis has hampered economic development for years.

(Reporting by Stephen Jewkes; Editing by Kirsten Donovan)

Appeared on SweetCrude

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