Lukoil, Eni Pursue Oil Exploration Project in the Republic of Congo
By Emmanuel Tumanjong
Special to Dow Jones Newswires
Russia's Lukoil and Italy's Eni are in talks with the Republic
of Congo to authorize an oil exploration project in the country,
according to a statement from both companies and released by the
Congolese government on Wednesday.
"The project we intend to set up with Eni concerns exploration.
We have reassured members of the government that our company will
be a reliable partner for the Congo," said Ivan Romanovsky,
Lukoil's vice president for the Americas, Europe and West
Concerning gas exploration, Mr. Romanovsky added that the
companies are currently in the process of developing a strategy
that will later be presented to the Congolese authorities.
Both Lukoil and Eni are significant operators in the oil and gas
industries of the Republic of Congo.
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(END) Dow Jones Newswires
October 14, 2020 08:03 ET (12:03 GMT)
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