OREANDA-NEWS. Gazprom Headquarters has hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Paolo Scaroni, Chief Executive Officer of ENI. The parties discussed the current status of the November 14, 2006 Agreement for Strategic Cooperation between Gazprom and ENI.

Alexey Miller and Paolo Scaroni pondered on the progress with the Agreement. ENI plans to shortly announce its acquisition of assets in the Russian upstream sector.

In November 2006, Gazprom and ENI signed the Agreement on Strategic Cooperation stipulating an opportunity for Gazprom to provide direct Russian gas deliveries to the Italian market in 2007. By 2010 annual gas volume supplied will reach 3 bcm. The Agreement foresees prolongation of existing contracts for gas supply up to 2035.