President Ilham Aliyev and other representatives of the Government of Azerbaijan met Eni CEO Paolo Scaroni in Baku. During the meeting they discussed a possible come back of Eni to the upstream sector in Azerbaijan and the CNG (compressed natural gas) project, a plan that would permit the transport and transit of several billion cubic meters of Turkmen gas across the Caspian Sea to the coast of Azerbaijan, from where it would be transported through an overland pipeline to other destinations. In recent months, Eni's CEO met representatives of the Russian, American and EU governments to discuss the technical, financial and commercial aspects that characterize the project.
This initiative, the first of this kind being studied in the Region, would allow, among other things, a substantial reduction of gas flaring in Turkmenistan.
Eni is committed to applying CNG technology to maritime transport in situations where, due to distance and available volumes, this technology allows the feasibility of projects otherwise not achievable with traditional technologies such as transport by pipeline or LNG (liquefied natural gas).
The CNG technology allows the transport of high-pressure gas (not liquefied) by vessels provided with special containment systems. Once delivered to the destination ports, the decompressed gas is ready to be transported through conventional pipelines.