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2014-03-24 07:01:00

RUSSIA GAS IN DOUBT

RUSSIA GAS IN DOUBT

FT.  Paolo Scaroni, chief executive of Eni, is doubtful about the future of the South Stream project intended to pipe Russian gas under the Black Sea to Bulgaria, unless the EU and Russia find a way out over Ukraine. However, Mr Scaroni is clearly relieved that Italy's oil and gas group made a profitable exit from a major Siberian gasfield at the right time.

Eni sold its 60 per cent stake in the Arctic Russia field in Siberia's northwestern Yamal peninsula in January to a group led by Russia's…

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Tags: GAS, ENI, SOUTH, STREAM, RUSSIA
Chronicle:
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