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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Eni Spa | BIT:ENI | Italy | Ordinary Share |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.426 | -3.04% | 13.57 | 13.524 | 13.60 | 13.754 | 13.514 | 13.70 | 33,068,647 | 17:00:00 |
By Nathan Allen
Eni SpA (ENI.MI) said Thursday that it has signed a preliminary agreement with Algeria's state oil company Sonatrach to renew their long-term gas-supply arrangement.
Under the agreement Sonatrach supplies natural gas to the Italian energy company, which transports it via a pipeline across the Mediterranean to be sold in European markets.
Eni said the agreement sets the basis for a new contractual framework that takes into account changes in underlying market conditions.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
April 25, 2019 07:56 ET (11:56 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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