Edison-ENI: Agreement for libyan long term gas contract

Edison-ENI: Agreement for libyan long term gas contract

Milan, June 23, 2016 – Edison and Eni signed an agreement to review the price formula of the long term gas supply contract from Libya. The new formula will be applied to the imported volumes starting from October 1, 2015 and shall be valid for three years.

The agreement closes the price review process started by Eni on October 1, 2015. The long term contract refers to  the import of 4 billion cubic meters of gas per year.

Edison confirms that 2016 EBITDA should reach approximately 650 million euros as announced on May 10, 2016.

Public disclosure required by Consob Resolution No. 11971 of May 14, 1999, as amended.

Edison’s External Relations Department: T 02 6222 7331 E ufficiostampa@edison.it
Edison’s Investor Relations: T 02 6222 8849; E investor.relations@edison.it

 

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