Italian energy company Eni said Monday it started production
at the Perla gas field, the largest field of its kind found off the coast of
Venezuela. "Perla was for Eni one of the most significant start-up
projects of 2015, and the today result confirms the validity of our development
model that allowed us to reach production in an industry-leading time to
market," Eni Chief Executive Officer Claudio Descalzi said in a statement.
Considered among some of the largest gas discoveries in the world, Eni said the
Perla field off the coast of Venezuela holds an estimated 17 trillion cubic
feet of natural gas. It's situated about 30 miles offshore in the Cardon IV
reserve area, which is operated in part through a joint venture between Eni and
Repsol. More…
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