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Wednesday, October 01, 2008

Eni and Gazprom Make Further Progress Towards Strategic Partnership Agreement

September 30, 2008 - Oil Voice - Further progress made in the implementation of the strategic partnership agreement. In particular Scaroni and Miller agreed to sign by the end of October a new binding document relating to the development of the Artic Gas assets that Eni acquired in 2007. Eni CEO Paolo Scaroni and Chairman of Gazprom Alexey Miller met today in Moscow and made further progress in the implementation of the strategic partnership agreement. In particular Scaroni and Miller agreed to sign by the end of October a new binding document relating to the development of the Artic Gas assets that Eni acquired in 2007. In particular the agreement will relate to the developement plan as well as the offtake and transportation of the gas from Artic Gas. The agreement to be signed will enable Gazprom to enter the Libian upstream. Eni and Gazprom also reviewed the progress made on South Stream.

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