29
Nov
14:28
Snam, Eni partner for Italian Northern African pipeline link
Italian firm Snam is buying a 49.9% stake in Eni’s subsidiaries that operate the onshore gas pipelines running from the Algerian and Tunisian borders to the Tunisian coast (TTPC), as well as the offshore pipelines linking the Tunisian coast to Italy (TMPC).
The €385 million ($434m) transaction involves the creation of a new company controlled equally by the two firms with the objectives of building synergies, improving security and developing the …
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Very good overview of the weekly steel market.
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