CORPORATE NEWS

Italian ENI to double gas transfer via Slovakia to 28bn m3

The Italian energy group ENI said on May 13 it planned to double the amount of Russian gas it imports annually via Slovakia by the year 2008. "Currently, the transport of gas through Slovakia amounts to 14 billion cubic meters a year, and we want to increase this volume to around 28 billion cubic meters a year by the year 2008," ENI's CEO Franco Bernabe told a news conference after negotiations with the Slovak state-run gas distribution monopoly SPP in Bratislava. ENI, Italy's third biggest company, signed a strategic alliance with the Russian gas monopoly Gazprom in early February. The SPP signed a similar deal with Gazprom last summer. Bernabe also said he and SPP director Ján Ducký had discussed "possible future cooperation between ENI and SPP in third markets where the two companies could proceed with joint forces." Ducký said SPP wanted to become part of ENI's broader involvement with the Anglo-Dutch energy group Royal Dutch/Shell and with Gazprom. "We discussed how this cooperation functions with ENI representatives...we really want to become part of this alliance," Ducký said.

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