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Gazprom Expects Compromise with Eni on Contracts, Vedomosti Says

Oct. 15 (Bloomberg) -- OAO Gazprom expects to find a solution should Eni SpA demand revision of the take-or-pay rule in its gas supply contracts, Vedomosti reported today, citing an unidentified official at the Russian gas exporter.

Eni hasn’t formally requested the change, the daily said after Eni Chief Executive Officer Paolo Scaroni questioned the rule that forces gas buyers to take volumes set by the contract or pay for them. Scaroni said Eni could “not renew take or pay contracts and try to rework the ones that are still in force,” La Repubblica reported.

Gazprom Export, a unit of Moscow-based Gazprom, declined to comment on Scaroni’s remarks today.

To contact the reporter on this story: Anna Shiryaevskaya in Moscow at ashiryaevska@bloomberg.net

To contact the editor responsible for this story: Will Kennedy at wkennedy3@bloomberg.net

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