Eni exploring biofuel production in Mozambique

In Mozambique, during Eni’s CEO’s visit with the president, they discussed opportunities in the agro-industrial chain, focused on the valorization of agricultural waste and the cultivation of oleaginous plants that do not impact on food production. These would be converted into premium biofuels thanks to proprietary technology in Eni’s biorefineries. The initiatives would ensure job creation and allow farmers direct access to market.

They also discussed on the status of Eni forestry initiatives in the country, including the REDD+ assessment to protect and conserve forests across an area of over 3 million hectares on the great Limpopo trans frontier conservation area, in Mozambique, which Eni started in August 2021. Through this REDD+ project Eni will be able to progressively achieve Net Zero scope 1 and 2 emissions for its equity share in the Mozambican upstream projects and potentially supply the Coral South project with the carbon credits needed to reach the carbon neutrality. REDD+ projects have a significant impact in terms of community benefits and on biodiversity protection, in addition to GHG emissions reductions.

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