Tag Archives | Edison

Edison, ENI Agreement agree Libyan Gas Contract

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 […]

Eni re-negotiates with Edison over Libya Contract

By John Lee. Eni is reported to be re-negotiating the terms of its Libyan gas supply contract with fellow Italian company Edison. According to Platts, Eni CFO Massimo Mondazzi told analysts on a conference call after Eni's Q1 results announcement: "Relating to the Edison contract, we had the final arbitration judgement at the end of 2015 […]

Edison says Renegotiations with Eni Ongoing

Italian utility Edison has confirmed that the second round of renegotiations for its contract with Italy's Eni to import some 4 billion cubic meters/year of Libyan gas to the Italian market is still ongoing. The discussions are part of a second round of renegotiations of its supply contracts related to 2014 and "previous years". An […]

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Edison Wins Libya Gas Arbitration with Eni

The Court of Arbitration of the International Chamber of Commerce (ICC) has announced that Italian energy group Edison won a dispute with Eni to review the price of its long-term gas contract from Libya. According to a statement from Edison, which is owned by France's EDF, the court found the price review requested by Edison […]