Eni’s Scaroni Meets Iran Minister for Future Oil Work

Paulo Scaroni, chief executive of Italy’s biggest oil company Eni SpA, said he had a “fairly long and warm meeting” with Iran’s petroleum minister to discuss possible future energy projects and money owed to Eni.

Speaking to reporters outside the Vienna hotel room of the minister, Bijan Zanganeh, Scaroni said any oil and gas projects would wait until sanctions ended. Their discussion included possible modifications to so-called buyback contracts as well as monies owed relating to the Darquain and South Pars fields, where the Rome-based company previously operated, he said.