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Home Oil & Gas

Edison, ENI Agreement agree Libyan Gas Contract

28th June 2016
in Oil & Gas
Edison, ENI Agreement agree Libyan Gas Contract
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Edison and Eni have signed an agreement to review the price formula of the long term gas supply contract from Libya.

The new formula will be applied to the imported volumes dating back to October 1, 2015 and shall be valid for three years. The agreement closes the price review process started by Eni on October 1, 2015.

The long term contract refers to the import of 4 billion cubic meters of gas per year.

(Source: Edison)

Tags: EdisonEnifeaturedGas exportsgas pricesItaly

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