Eni is in restructuring its LNG business. Its vision is to build a 10 mmtpa LNG contract portfolio by 2025 and take a more integrated approach to developing, selling and buying LNG. Its ambition is to join the portfolio players. Eni has all the key ingredients to develop a world class LNG portfolio. It already has access to flexible LNG from key Atlantic supply sources, in particular Nigeria. It has a huge gas wholesale and distribution business in both northern and southern Europe. It has well established oil, gas and power trading operations. And it has an attractive portfolio of under development and pre-FID LNG positions in both the Pacific and Atlantic basin.