Eni Inks Contract With Statoil For Gas Price Cuts

Eni SpA (ADR) (NYSE:E) (BIT:ENI), the largest Italian oil and gas company, has recently renegotiated a gas supply agreement in order to cut its long-term gas purchase costs. This is part of Eni’s long-term effort to achieve a competitive portfolio by cutting its procurement costs and renegotiating volume terms.

Heads of Agreement contract with Statoil
A press release issued by Eni SpA (ADR) (NYSE:E) (BIT:ENI) yesterday announced that Eni has signed a Heads of Agreement contract with Statoil ASA (NYSE . . .


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