Financial Times FT.com

Italy’s Eni reaches gas supply pact with Gazprom

By Adrian Michaels in Milan and Arkady Ostrovsky in Moscow

Published: November 16 2006 18:38 | Last updated: November 16 2006 18:38

Eni, the Italian energy company, and Russia’s Gazprom on Tuesday finally signed a wide-ranging strategy pact to replace a gas distribution deal that collapsed last year.

The deal, which confirms Eni as Gazprom’s single largest customer, comes amid intensified concern about Gazprom’s ability to produce enough gas for domestic and export markets.

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