Overview

Russia
In detail:

  • the main activities in the E&P sector conducted by Eni in Russia
  • activities in the G&P sector: Eni has a 50% stake in the Blue Stream undersea gas pipeline that connects Russia with Turkey across the Black Sea
  • the retail and wholesale marketing of petroleum products in the R&M sector
  • Eni offices and contacts in Russia
  • a direct link to the site dedicated to Russia

Exploration & Production

Eni has been present in Russia since 2007, over an developed and undeveloped acreage of 62,592 square kilometers (20,862 square kilometers net to Eni).

Approximately 30% of Eni’s natural gas is supplied by Russia. These supplies are out of the reach of current sanctions.

Furthermore, Eni is currently partnering the Russian company Rosneft in executing two exploration projects in the Russian sections of the Barents Sea and one in the Black Sea. The contracts pertaining to the above mentioned exploration licenses were entered into before the enactment of the restrictive measures and the competent authorities of the relevant EU Member States waived contracts under execution when the sanctions were firstly enacted. The EU sanction regime has been extend until July 2017; however it is possible that it could change in relation to the evolution of the political situation in Ukraine.

Gas & Power

In 2016 the supply of natural gas of the Russian Federation to Eni were 27,99 billion cubic meters (30.33 billion in 2015), with a reduction of 2.34 billion cubic meters, which always represents the 34% of the total.

Eni holds a 50% interest in the Blue Stream underwater pipeline (with a record water depth of more than 2,150 meters) linking the Russian coast to the Turkish coast of the Black Sea. This pipeline is 774-kilometer long on two lines and has transport capacity of 16 bcm/y. It is part of a joint venture to sell gas produced in Russia on the Turkish market. These assets generate a steady operating profit thanks to the sale of transport rights on a long-term basis.

Refining & Marketing

Eni operates in Russia in the retail market (oil and non-oil) and in the wholesale (lubricants) through its subsidiary Eni Nefto, with an organizational structure that has 32 people.

The company has a service station in Moscow that is managed directly and employs about 20 workers. The station is located on the main route that connects Sheremetyevo Airport to the city center on a long-term concession by the City; the service station has a high paid oil and has a large shop, a bar and a wash.

The station, opened in 1991, was the first foreign brand operated in the former Soviet Union.

The retail activity is accompanied by the sale of Eni’s branded lubricants in the Russian wholesale market. Total sales in 2016 amounted to approximately 15 ktonnes, of which 86% generated in the network.

 

Offices & contacts

Eni Moscow - Representative Office
Bolshoy Levshinsky pereulok 10, bld.1
119034 Moscow
Tel. +7 (495) 916 5353/55
Fax +7 (495) 916 5350/51

Exploration & Production
LLC “Eni Energhia”
Bolshoy Levshinskiy pereulok 10/1
119034 Moscow
Tel +7 (495) 916 5314
Fax +7 (495) 916 5317

Gas & Power
Blue Stream Pipeline Co BV
c/o Eni International BV
Strawinskylaan 845
Amsterdam, 1077 XX
Netherlands
Phone: 31 20 570 7133
Fax: 31 20 570 7182

Refining & Marketing
Eni Nefto
Leningradskoje Shosse, 63
125455 Moscow
Tel. +7 (495) 234 1921
Fax +7 (499) 457 2694
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