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flag Vitol buys $1.65 billion worth of Eni's oil and gas assets in West Africa to expand its upstream presence.

flag Vitol, the world's biggest oil trader, will buy stakes in some of Eni's oil and gas assets in West Africa for $1.65 billion. flag This includes a 30% share in Côte d'Ivoire's Baleine project and a 25% stake in Congo LNG. flag The deal supports Eni's strategy to optimize its portfolio by reducing stakes in exploration discoveries. flag Vitol aims to expand its upstream assets, fueled by recent trading profits. flag The Baleine project, now producing 60,000 barrels of oil daily, is the first net-zero upstream project in Africa and supports local development initiatives.

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