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Eni sells to Sanam 49.9% of its stake in Algerian gas pipelines

Eni sells to Sanam 49.9% of its stake in Algerian gas pipelines

Italian energy group Eni agreed to sell 49.9 percent of its stake in strategic pipelines transporting Algerian gas to Italy to Sanam Gas Group for 385 million euros ($436 million), the two companies said Saturday.

Eni sells to Sanam 49.9% of its stake in Algerian gas pipelines Italian energy group Eni agreed to sell 49.9 percent of its stake in strategic pipelines transporting Algerian gas to Italy to Sanam Gas Group for 385 million euros ($436 million), the two companies said Saturday.  The two companies stated that they would manage the gas pipelines together.


The two companies stated that they would manage the gas pipelines together.

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