Eni Sees New Investments After Snam Sale, CEO Tells Repubblica
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Eni SpA, Italy’s largest oil company, is interested in making new investments after it sells its stake in Snam Rete Gas SpA, Chief Executive Office Paolo Scaroni told la Repubblica in an interview.
Eni’s debt would fall to about 7 billion euros ($9.1 billion) after the sale, leaving room for investments that may include exploration, extraction and the commercialization of gas and oil, the Italian newspaper cited Scaroni as saying.