LNG

April 6 (LNGJ) - Italian energy company Eni, whose investment programmes include LNG projects in Mozambique and natural gas ventures in the Eastern Mediterranan and Egypt, said its board had approved the placement of bonds with institutional investors to the tune of $2 billion. “The bonds, if issued, will enable Eni to pre-fund future financial needs, widen its investor base and maintain a well-balanced financial structure,” said Eni. “The bonds may be listed on one or more regulated markets or on multilateral trading facilities,” it added.