Egyptian Prime Minister Hesham Qandil and Eni CEO Paolo Scaroni met yesterday in Cairo to discuss Eni's activities in the country.

Italian oil and gas company Eni will invest $50 billion developing its huge Mozambique natural gas discovery with a view to exporting the gas to Asian markets, its Chief Executive Paolo Scaroni said in an interview Friday after a visit to East Africa.

The Egyptian Prime Minister HE Essam Sharaf and Eni CEO Paolo Scaroni met in Cairo confirming the commitment of Eni to Egypt, following the recent agreements.

Gazprom CEO Alexey Miller and Eni CEO Paolo Scaroni met Wednesday in Moscow at the headquarters of the Russian company. The parties discussed the issues of bilateral cooperation in the energy sector within their Strategic Partnership Agreement.