Eni’s presence in the former Soviet Union dates back to the 1950s. Today, we work in the Exploration & Production in the Russian offshore in the Barents Sea, the Black Sea and the Mediterranean Sea, in partnership with Novatek. In the Gas & Power and Refining & Marketing sectors, we buy substantial volumes of gas from the country and buys Russian produced crude oil and refined products on international markets.

Exploration & Production

In June 2013 Rosneft and Eni have finalised agreements for the joint conduct of exploration activities in the Russian offshore in the Barents Sea (the Fedynsky and Central Barents licences) and in Black Sea by setting up three joint ventures, under Luxembourg law, for the development of Russian offshore licences, in which Rosneft owns 66.67% and Eni 33.33%. As part of these agreements, Eni is required to meet 100% of the costs of the activities in which the licenses are committed: payment of such costs takes the form of a loan by Eni to Rosneft, that uses the resources exclusively for exploration activities. In July 2013, Eni and Rosneft also began 2D seismic survey activities in a 9950 km2 area of the Fedynsky and Central Barents licences, located in the Russian offshore in the Barents Sea. In the summer of 2013 a morphological bathymetric survey was carried out in the Black Sea where regular environmental monitoring of the licence area continues, while a year later 3,000 square kilometres of 3D seismic data were acquired which are currently being processed and interpreted. Geopolitical tensions between Russia and Ukraine concerning the sovereignty of the Crimea led to the adoption of important sanctions against Russia by the US and the EU. These sanctions primarily affect the financial sector and the exploration and production of hydrocarbons. About 30% of the Eni’s long-term gas supplies comes from Russia. Moreover, Eni is a partner of the Russian oil company Rosneft in several exploration projects in the Russian Barents Sea and the Black Sea. The restrictive measures foresee exemptions for on-going projects. In 2015 Eni obtained from the relevant European Authorities the necessary authorisation to resume a number of exploration activities. However, given the uncertainty of the overall framework of relations between Russia and the West, we can not exclude delays to ongoing projects. The sanctions may also changed in line with the evolution of the political situation.

Gas & Power

In 2015 the supply of natural gas to Eni from the Russian Federation totalled 30.33 billion cubic metres (26.68 billion cubic metres in 2014 and 29.59 billion cubic metres in 2013).
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

Today Eni buys Russian produced crude oil and refined products on international markets, mainly for the supply of its refining system and crude oil to supply, through the Druzhba pipeline, the German refinery PCK Schwedt. In 2015 the supply (corresponding to Eni's interest in the refinery) was about seven million barrels a year, mostly purchased by the company Rosneft.

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

The company has a service station in Moscow that is managed directly and employs about 20 workers. The service station, which is located on the main route that connects Sheremetyevo Airport to the city centre on land allocated on a long-term concession by the City Council, has very sales and has a large shop, a bar and a carwash. Opened in 1991, the service station was the first to be operated by foreign brand in the then Soviet Union. The retail activity is accompanied by the sale of Eni’s branded lubricants in the Russian wholesale market. Total sales in 2015 amounted to around 16 kt, of which 90% generated in the retail market.


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
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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