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Eni is looking to squeeze more cash out of LNG without giving up control of the business.
Eni has hired Morgan Stanley to explore selling stakes in its floating LNG assets.
KEY POINTS
- The deal structure would allow outside investors to access FLNG cash flows without ceding Eni control.
- Eni could raise at least €1 billion from this transaction, according to Reuters sources.
- Floating LNG is increasingly viewed as infrastructure-style cash flow favored by infrastructure funds.
- Eni plans further FLNG deployments in Mozambique and Argentina, expanding its established portfolio.
COMPANIES
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