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Thursday, June 22, 2006

Gazprom and ENI discuss mutual prospects in oil and gas

RBC, 21.06.2006, Moscow 09:27:22. – Gazprom CEO Alexei Miller and Italy's ENI CEO Paolo Scaroni during a working meeting on Tuesday discussed prospects of cooperation in oil and gas industry. The meeting's participants affirmed the need to further develop long-term partnership between Gazprom and ENI taking into account the experience gained in previous cooperation, The Russian gas holding's press service reported. An agreement on strategic cooperation between Gazprom and ENI was signed in February 1998. Under the accord, the companies shall participate in the Blue Stream pipeline project, a trunk pipeline for Russian gas exports to Turkey laid along the Black Sea bed bypassing transit countries.

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