Eni noted that the application of the technologies as envisaged by the MoU will lead to energy savings of more than 20% in terms of non-consumed natural gas.

Feasibility studies will evaluate the use of combined cycles in some power plants in Egypt, in order to enhance their efficiency and save natural gas.

Eni is already using combined cycle technology in its power plants in Italy, which are managed by its subsidiary EniPower.

Eni said that a part of the saved natural gas will also be used to cover the costs of the eventual implementation of the project. Increased efficiency of power plants is also expected to reduce emissions of greenhouse gases.