Finance, strategy and reporting | Global gas & LNG

Eni: agreement with GasTerra

01 September 2016 - 6:02 PM CEST

San Donato Milanese (Milan), 1 September 2016 – Eni refers to its press release of 20 July 2016 relating to the arbitration proceedings with GasTerra and the provisional measures initiated by GasTerra, i.e. the provisional seizure of amongst others Eni's participation in Eni International BV, for the amount of the payment requested (equal to EUR 1.01 billion). In accordance with an agreement between Eni and GasTerra on the basis of which Eni provided alternative security to GasTerra by means of a bank guarantee, GasTerra has now lifted the provisional seizures.

Download the press release (PDF)

PDF 33.48 KB 01 September 2016 CEST 18:02
PDF 33.48 KB