Gazprom, Eni agree to develop southern corridor of gas deliveries

Tuesday, 21 March, 2017 - 15:15

Gazprom and Italy’s Eni signed a memorandum of understanding in Moscow, the Russian gas holding said on Tuesday.

"The paper reflects interest of the parties in analyzing prospects of cooperation in the sphere of developing the southern corridor of gas supplies from Russia to European nations, particularly to Italy, and upgrading contracts on Russian gas supply to the republic," Gazprom said.

"Upgrade of contracts will only pertain to a change in delivery destinations in context of the southern supply corridor," Gazprom’s international trading arm Gazprom Export said.

Source: TASS.