Jul. 02 - AgipPetroli Buys the Distribution Networks Of Tamoil In The Czech Republic, Slovakia and Hungary

AgipPetroli, an Eni's subsidiary, has acquired the Tamoil Praha,  Tamoil Slovakia and  Tamoil Hungaria from the Libyan-Dutch Company Oilinvest

Tamoil Praha, in the Czech Republic, manages 23 stations with a throughput of about 45 million litres per year,  Tamoil Slovakia owns, in Slovakia, 6 stations with a throughput of about 11 million litres per year,  Tamoil Hungaria owns, in Hungary, 11 plants with a total throughput of about 15 million litres per year.

Eni's market share thus increases from 4.1% to 5.7% in the Czech Republic, from 2.2% to 3.4% in Slovakia and from 5% to 5.7% in Hungary.

The deals are in line with AgipPetroli's objective to increase its presence abroad in areas characterised by interesting development perspectives.

The agreement between AgipPetroli and Oilinvest is part of a broader exchange agreement with Tamoil Italia and it will be submitted for approval to the Italian Competition Authority.