President Akufo-Addo meets Eni CEO Claudio Descalzi
President Nana Addo-Dankwa Akufo-Addo and the CEO of Eni, Claudio Descalzi, to discuss Eni's operational activities and the lead role Ghana can play in the partnership Eni recently signed with the UNDP to combine efforts on the development of renewable energy, energy efficiency, forestry and clean cooking initiatives, starting in Africa.
Also present at the meeting was the Minister for Energy, John Peter Amewu.
The partnership aims at achieving the Sustainable Development Goals (SDGs) and specifically SDG 7 on affordable and clean energy, SDG 13 on climate actions and SDG 15 on land management and re-and/or afforestation.
A statement issued by Eni which announced the meeting, said among the company’s core values is improving access to energy, especially in Africa, and that it is an intrinsic part of its business. “Eni invests more than half of its budget in Africa, boosting the domestic potential and promoting local development”, it said.
Eni said it is already committed to the sustainable development of Ghana and that the $7bn investment in the integrated Offshore Cape Three Points (OCTP) project, an integrated oil and gas development project being a major contribution to access energy in Ghana, represents the company’s firm commitment to providing long term domestic gas supply.
“Ghana's OCTP project will deliver stable, secure, reliable, and affordable volumes of gas to feed Ghana's power plants for over 20 years. The use of domestic gas will allow Ghana to cut the use of liquid fuel, reducing CO2 emissions by 30%, and to limit the more expensive gas importation, whose entire value chain lies outside the country.”
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It added that Eni has destined over $15m to an extensive programme of sustainability initiatives including economic diversification, education, water and sanitation and health activities, and is engaged in the development of solar power projects including off grid installations in remote areas and floating solar farms in the Country.