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Eni's Scaroni Says Nigeria Pipeline to Be Fixed `Within Days'

By [bn:PRSN=1] Adam Freeman [] and Alessandra Migliaccio

July 21 (Bloomberg) -- Eni SpA's pipeline in Nigeria's Bayelsa state, damaged by two explosions last week, will be fixed ``within days'', Chief Executive Officer Paolo Scaroni said today.

The pipeline was damaged in two points on July 16, Scaroni said speaking at a conference in Rome. The company suspended exports of 47,000 barrels a day from the site and Eni's portion of the affected output is 8,000 barrels daily, Eni said on its Web site on July 17. The pipeline feeds the Brass terminal, the country's main oil-export terminal.

Eni did not declare ``force majeure'' at the site, which would allow it to miss agreed upon deliveries because of circumstances beyond its control, Scaroni said.

To contact the reporters on this story: Alessandra Migliaccio in Rome at amigliaccio@bloomberg.net;

Last Updated: July 21, 2008 05:44 EDT

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