Eni Opened Gazprom Arbitration Proceedings After Gas Supply Cuts
- Reduction in Russian gas supply started in mid-2022: Eni
- Italian company says contracts with Gazprom are still in force
The ENI SpA headquarters in Rome.
Photographer: Alessia Pierdomenico/BloombergThis article is for subscribers only.
Eni SpA started arbitration proceedings after Gazprom PJSC cut gas supplies to Italy following its invasion of Ukraine.
“The reductions applied by Gazprom export are subject to confidential arbitration proceedings,” the Italian energy giant said in reply to a question from shareholder in a document prepared for its annual general meeting on May 10. “The contracts with Gazprom export are still in force.”