Your business, our energy

Products and solutions for business and customers Italy and abroad


Working and growing together

The platform dedicated to Eni's current and future suppliers

Business meetings and agreements | Midstream

Eni signs Heads of Agreement with Statoil on revision of terms in long-term gas supply contract

27 February 2014 - 6:15 PM CET

San Donato Milanese, 27 February 2014 - Eni has today signed a Heads of Agreement with Statoil on the revision of the terms of its long-term gas supply contract. These revisions include amongst others pricing and volume.

The arbitration proceedings initiated by Eni are therefore suspended for 30 days, allowing the parties to complete a detailed agreement in the context of a constructive effort to address a changing European gas market.

The HoA with Statoil is part of Eni's effort to renegotiate all third-party gas supply contracts, with the target of achieving a competitive portfolio by January 1st,  2016.

Download the press release (PDF)

PDF 23.34 KB 27 February 2014 CET 18:15
PDF 23.34 KB