Dec 11 - Eni May Sell Stake in Snam Rete Gas

Source Press
Company ENI S.p.A. 
Tags Pipelines/ tankers/ distribution, Deal Rumours
Date December 30, 2011

(Bloomberg) Eni SpA, Italy’s largest oil company, may consider divesting its stake in Snam Rete Gas SpA, daily Il Sole 24 Ore reported, citing an interview with Paolo Scaroni, Eni’s chief executive officer.

Eni will resume full capacity in Libya next year and an agreement with Russia for gas contracts will probably occur in the first months of 2012, Scaroni said, according to the Italian newspaper.

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