Italy: Eni sets an Italian record ///

Hydrocarbon deposits in Val d’Agri and the Sauro Valley are the most important energy resource ever discovered in Italy, and Eni has invested about 1.8 billion euros there, with a very precise aim – committing itself to economic development and protecting the environment. The first discovery was made in 1981, and it is estimated that the Val d’Agri reservoir holds reserves of 490 MMboe. A second reservoir, Tempa Rossa, was discovered in 1987 in the Sauro Valley, some 20 km from Val d’Agri. Reserves there are estimated at 415 MMboe; and in March 2001, Eni began a 12-month production test to define its development.

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