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Monday, April 06, 2009

Italy's Eni to sell Gazprom Neft stake- lobby

MOSCOW, April 6, 2009 (Reuters by Alberto Sisto) - Italian oil and gas group Eni (ENI.MI) will sign a deal with Russia's Gazprom (GAZP.MM) for the sale of Eni's 20 percent stake in Gazprom Neft (SIBN.MM), the head of Italy's Confindustria business chamber said. Eni bought its stake in Gazprom Neft in 2007 but reached a deal on reselling it shortly afterwards with Gazprom, which already controls 75 percent of the company. "There will be (a deal) in the energy sector between Eni and Gazprom," Confindustria President Emma Marcegaglia told a news conference. "It concerns the repurchase of the stake."

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