Eni close to deal on pipeline, sources say
Thursday, January 28, 2010
Italy's Eni SpA is close to reaching a deal with the European Union over international gas transit pipelines, which could involve selling all or some of its assets to avoid a possible antitrust fine, sources said. The deal could also see the Italian oil and gas group cut its controlling stake in Italy's gas transmission grid operator, Snam Rete Gas, one of the sources said."There are talks under way between Eni and the EU Commission regarding the sale of all or part [of the pipelines] to ...