Eni acquires BP’s gas business in Algeria

Eni acquires BP’s gas business in Algeria


A picture of the logo of the Italian energy company Eni at a gas station in Rome, Italy, September 30, 2018. REUTERS/Alessandro Bianchi

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MILAN (Reuters) – Italian energy group Eni said on Wednesday it had agreed to acquire BP’s business in Algeria, including two major gas fields.

The Italian group said in a statement that the acquisition will contribute more to Europe’s gas needs and enhance Eni’s presence in Algeria.

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(Reporting by Francesca Landini and Editing by Cristina Carlevaro

Our criteria: Thomson Reuters Trust Principles.



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