$1.2 billion from Italy’s Eni to Algeria in 2024
A formal report by energy giant Eni revealed that the Italian company paid $1.22 billion (1.069 billion euros) to Algeria in 2024, as part of the company’s payments to governments managing projects on their territories, while Libya ranked first in Africa with $2.1 billion. The “Payments to Governments” report for 2024 by Italy’s Eni, which […] The post $1.2 billion from Italy’s Eni to Algeria in 2024 appeared first on الشروق أونلاين.
A formal report by energy giant Eni revealed that the Italian company paid $1.22 billion (1.069 billion euros) to Algeria in 2024, as part of the company’s payments to governments managing projects on their territories, while Libya ranked first in Africa with $2.1 billion.
The “Payments to Governments” report for 2024 by Italy’s Eni, which “Echorouk” reviewed, stated that these amounts were paid as part of Eni group’s hydrocarbon extraction activities in 2024, and were prepared in accordance with the reporting obligations stipulated in Legislative Decree No. 139 issued on August 18, 2015, within the framework of transparency, and applicable to companies listed on regulated markets in the European Union operating in the extractive industry sector.
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