10:55 - 10.05.2023
May 10, Fineko/abc.az. Italian oil & gas group Eni is conducting arbitration proceedings in connection with the reduction of gas supplies from Gazprom.
ABC.AZ reports that it became known from the responses of company's management to shareholders.
"The reduction carried out by Gazprom Export is the subject of confidential arbitration proceedings," Bloomberg cited the response.
The Italian company noted that the contracts with Gazprom remain in force.
Eni CEO Claudio Descalzi said at the end of April that Russian gas supplies to Italy had fallen to almost zero. The company reported that supplies began to decline in the summer of 2022. Eni aims to completely abandon Russian gas by 2025 at the expense of other producers - Algeria, Egypt, Qatar and others.
Before Russia occupied Ukraine, the share of Russian gas in Italy was about 40%.
