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Tuesday, April 24, 2007

Eni 'on Gazprom's LNG short list'

24 April 2007 - Upstream OnLine - Italian giant Eni is said to be one of four shortlisted companies to build a liquefied natural gas terminal Gazprom has planned for St Petersburg, Italian media reports have claimed. The report was published in Il Corriere della Sera but did not cite sources. Il Corriere della Sera said the other contenders on the shortlist for the $1.5 billion to $2 billion project are Petrocanada, Mitsubishi and BP. In a recent newspaper interview Eni boss Paolo Scaroni said Eni wants to continue to increase its presence in Russia and is ready to invest $300 million in the LNG plant at St Petersburg. A list of qualified investors for the St Petersburg plant will be disclosed next week, he said. No one from Eni was immediately available to comment on the report.

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