Eni’s stake in GreenStream pipeline cut to 50%

25/05/2010 15:54 Natural Gas

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The oil and gas most important company in Italy, Eni, has decided to cut its participation from 75% to 50% in the company GreenStream BV which manages a pipeline transporting gas from Libya to Italy, according to the officials of both societies.

GreenStream declared that its shareholders established a new agreement fixing joint shares between Eni North Africa BV (50%) and National Oil Corporation NOC (50%), an agreement started on 27 April 2010.

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