LNG

Italian energy company Eni has been awarded a licence for Block 7 located in Ras Al Khaimah, the northern-most emirate of seven in the United Arab Emirates, as the Arab nation moves to boost its exploitable natural gas resources in addition to being an LNG exporter.

Italian energy company Eni, with recent natural gas discoveries in nations such as Mozambique and Egypt, has signed an accord with the Gulf kingdom of Bahrain covering issues like LNG supply and exploration.