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Monday, March 07, 2022

Algeria: Eni revives discussions to buy BP assetsnote

Italian Energy Company Eni is said to have revived old discussions over buying the British multinational oil and gas company BP’s gas assets in Algeria.

There are two main assets Eni is interested in given the Italian company’s push to increase Algerian gas supplies and lower dependence on Russian gas.

Eni talks with BP over purchasing BP’s Algerian assets include two possible structures for an eventual deal.

Tactical Report has prepared a 399-word report to shed more light on the two assets, and the two possible structures for a deal between Eni and BP. 


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