Eni, Vitol Sign Memo Of Understanding To Develop Gas Block
From Fox Business
Italian oil company Eni SpA (E) and Swiss oil trader Vitol Group have signed a memorandum of understanding with the Ghanaian government and Ghana National Petroleum Corp for the development and commercialization of natural gas in the Offshore Cape Three Points Block in the Tano Basin of Ghana, the Italian company said Tuesday.
The agreement with the African government “focuses particularly on the domestic gas market,” a Eni statement said. No figures on volumes potentially available in the field have been provided yet by the companies involved.