Italian major Eni has signed a memorandum of understanding with the government of Rwanda to develop a decarbonisation value chain, setting course to build a roadmap for energy transition business opportunities. - UpstreamOnline

The MoU will focus on circular economy, agriculture, forestry, innovation and digital information technology.

Thanks to the MoU, we will develop a solid roadmap to deliver on the energy transition in areas where Eni and Rwanda are at the forefront. The business model we are willing to implement in Rwanda focuses on long-term value creation for all stakeholders, combining economic, financial and environmental sustainability to improve communities’ quality of life and foster the country’s development in line with the United Nations Sustainable Development Goals.

Luigi Ciarrocchi, director of carbon capture, utilisation and storage, forestry and agro-feedstock at Eni

Eni and Rwanda will evaluate the feasibility of projects focused on collecting used cooking oil and waste oils, waste management and recycling, along with bio-feedstock production from agriculture to turn into decarbonisation projects. The country will also focus on forest conservation and generating carbon credits.

The government of Rwanda is committed to working with the private sector to ensure sustainable development, which is critical for present and future generations. The partnership with Eni boosts the achievement of this goal. We are hopeful that together we will implement tangible actions that will ensure improved quality of life for our people.

Rwanda Development Board chief executive Clare Akamanzi