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Eni Working With Russia’s Gazprom to Restore Italy Gas Flows

  • Italian oil giant reviewing options to unlock gas supplies
  • Flows halted on Saturday in scuffle over regulation in Austria
Updated on

Eni SpA is working with Gazprom PJSC and Austria to restore Russian natural gas flows to Italy after supplies were halted on Saturday in an apparent scuffle over regulation. Options include a cash guarantee from the Italian utility.

The Italian energy giant intends to evaluate options with Gazprom and the Austrian operator to unlock gas supplies to Italy, an Eni spokesman said in a statement on Monday. But it’s premature to provide details before the practicality of the options is shared among the parties involved, he said.