Eni, GasTerra Agree on Gas Price

Eni and GasTerra have agreed on a package solution for outstanding price reviews under a Dutch long-term gas supply contract.

As part of the agreement, Eni achieves a significant price reduction and a change in the price indexation, which will include a link to hub prices, according to a press release.

This agreement marks an important milestone in Eni’s effort to align all long-term gas supply contracts to the new market conditions, the statement said.

[mappress]
Image: Eni