Apr 09 - ENI Completes the Sale of Stake in Gazprom Neft

Source Press Release
Company ENI S.p.A.Gazprom PJSCGazprom Neft PJSC 
Tags Strategy - Corporate, Deals
Date April 24, 2009

Eni announces the closing of the sale of the 20% stake in Gazprom Neft to the Russian energy company Gazprom.

The deal, worth 4.2 billion dollars, lies in the framework of agreements previously signed with Gazprom which included the possible exercising of a call option on the 20% stake in Gazprom Neft.

Gazprom Neft operates in the field of exploration and production for oil and condensates.

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