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ENI Eni Spa

13.57
-0.426 (-3.04%)
26 Sep 2024 - Closed
Delayed by 15 minutes
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

Eni and Sonatrach to Renew Algeria Gas-Supply Agreement

25/04/2019 1:11pm

Dow Jones News


Eni (BIT:ENI)
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   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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