Gazprom and Eni have agreed on gas supply renegotiation
Edited by Rhod Mackenzie / 2014-05-26 05:14:37
On Friday, Gazprom and Eni SpA have agreed to reconsider the terms of the contract, under which Russian Gazprom supplies gas to the Italian largest oil-and-gas company Eni.
The agreement, signed in Russia, considers the reduction of price in accordance with market prices, the Italian company stated in the press-release. The terms of the contract have retroactive effect since the beginning of 2014.