In 2013, Eni discovered 1.8 Gboe of hydrorcarbon resourced but the group's production declined by 4.8% from 2012 due to the impact of the disposals made in the first half of 2012 but also due to adverse geopolitical conditions (force majeure events in Libya and in Nigeria). The contribution of the start-up of new fields and continuing production ramp-ups mainly in Algeria and Egypt partly offset the effects of planned facility downtimes and technical problems, in the North Sea and in the Gulf of Mexico respectively, as well as mature field declines.
The group sold 93.2 bcm of gas (2.3% less than in 2012, due to the divestment of Galp Energia in Portugal). Eni’s sales in Italy increased by 1.1 bcm driven by higher spot sales and by higher sales to importers in Italy (up by 1.9 bcm). This positive trend was more than offset by lower volumes marketed in the main European markets (down by 5.6 bcm, particularly in the Benelux, the Iberian Peninsula and the United Kingdom) due to declining gas demand and competitive pressure. Higher sales in markets outside Europe (up by 0.6 bcm) were driven by higher LNG sales in the Far East, particularly in Japan and Korea. In 2013, Eni’s retail market share decreased by 3.7 percentage points to 27.5%, from 31.2% in 2012 when sales volumes benefited of the effect of a promotional campaign made during the summer weekends.
Interested in Global Energy Research?
Enerdata's premium online information service provides up-to-date market reports on 110+ countries. The reports include valuable market data and analysis as well as a daily newsfeed, curated by our energy analysts, on the oil, gas, coal and power markets.
This user-friendly tool gives you the essentials about the domestic markets of your concern, including market structure, organisation, actors, projects and business perspectives.
Energy and Climate Databases
Market Analysis