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Worldwide gas sales were basically stable at 96.76 bcm supported by commercial initiatives, despite lower consumption and competitive pressures. We grew in many European countries and in international LNG sales, while offtakes from importers into Italy of Libyan gas fell sharply and sales fell in Belgium.

The injury frequency rate continued to improve (down 38% from 2010) thanks to enhanced training, information and sensitization of workers.

Gas & Power value chain

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Main data

96.76
bcm
Worldwide gas sales

7.10
million
Customers in Italy

40.28
TWh
Electricity sold

14.75
mmtonnes CO2eq
Direct GHG emissions

2007 2008 2009 2010 2011
Employee injury frequency rate (No. of accidents per million hours worked) 7.37 5.3 3.85 3.74 2.33
Contractors injury frequency rate 16.34 12.24 9.48 8.24 8.38
Net sales from operations(a) (€ million) 27,793 37,062 30,447 29,576 34,731
Operating profit   4,465 4,030 3,687 2,896 1,758
Adjusted operating profit   4,414 3,564 3,901 3,119 1,946
Marketing   2,284 1,309 1,721 733 -550
Regulated businesses in Italy   1,685 1,732 1,796 2,043 2,112
International transport   445 523 384 343 384
Adjusted net profit   3,127 2,648 2,916 2,558 1,541
EBITDA pro-forma adjusted   5,029 4,310 4,403 3,853 2,565
Marketing   3,061 2,271 2,392 1,670 364
Regulated businesses in Italy   1,248 1,284 1,345 1,486 1,535
International transport   720 755 666 697 666
Capital expenditure   1,511 2,058 1,686 1,685 1,721
Adjusted capital employed, net at year end   21,364 22,273 25,024 27,270 27,660
Adjusted ROACE (%) 15.2 12.2 12.3 9.8 5.6
Worldwide gas sales(b) (bcm) 98.96 104.23 103.72 97.06 96.76
LNG sales(c) 11.7 12 12.9 15 15.7
Customers in Italy (million)  6.61 6.63 6.88 6.88 7.1
Gas volumes transported in Italy (bcm) 83.28 85.64 76.9 83.31 78.3
Electricity sold (TWh) 33.19 29.93 33.96 39.54 40.28
Employees at year end (units)  11,893 11,692 11,404 11,245 10,907
Direct GHG emissions (mmtonnes CO2eq) 15.58 14.6 14.6 15.79 14.75
Customer satisfaction index (PSC) (%) n.a.  75.3 83.7 87.4 91
Water consumption/withdrawals per kWheq produced (EniPower) (cm/KWeq) 0.015 0.015 0.015 0.013 0.014
  1. Before elimination of intragroup sales.
  2. Include volumes marketed by the Exploration & Production Division of 2.86 bcm (5.39, 6.00, 6.17 and 5.65 bcm in 2007, 2008, 2009 and 2010, respectively).
  3. Refer to LNG sales of the G&P Division (included in worldwide gas sales) and the E&P Division.

Updates

Finalized the contract for the sale of 30% less one share in Snam to Cassa Depositi e Prestiti; already divested a 5% stake to institutional investors. Completed the sale of 30% minus one share of Snam to Cassa Depositi e Prestiti

www.eni.com

  • Eni S.p.a. – Registered head office
    Piazzale Enrico Mattei, 1 00144 Roma

  • Vat number
    n. 00905811006

  • Company share capital
    € 4.005.358.876,00 paid up

  • Rome Company Register
    n. 00484960588

  • Branches
    Via Emilia, 1, e Piazza Ezio Vanoni, 1
    20097 – San Donato
    Milanese (MI)