Wednesday, April 30, 2008

Russia, Italy set for strategic partnership in energy area – Gazprom and ENI joint statement

Russia, Italy set for strategic partnership in energy area – Gazprom and ENI joint statement

28.04.2008, 23.52

ROME, April 28 (Itar-Tass) -- Russia’s gas monopoly and Italian multinational oil and gas company ENI will step up strategic partnership in the energy area in the framework of the process of European markets liberalisation, said a joint statement issued by the companies.

The statement was made after Monday’s meeting between Gazprom’s Chief Executive Official Alexei Miller and his ENI counterpart Paolo Scaroni.

During the talks, Miller and Scaroni discussed each other’s participation in the works related to the major international gas transportation project, the South Stream pipeline, and in oil and gas production projects in third countries, including Lybia.

In the previous week, Italian mass media reported that ENI was negotiating a sale of a 50-percent stake in the Libyan Elephant oil field to Russia’s Gazprom.

Earlier in the day, Miller met with Italy’s Acting Prime Minister Romano Prodi to discuss energy cooperation between the two countries.

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