OREANDA-NEWS. Novatek's CEO, Leonid Mikhelson, and Eni's CEO, Paolo Scaroni, signed today a Memorandum of Understanding which will pave the way for future co-operation between the two companies.

The MoU, signed in the presence of the Russian President, Vladimir Putin, and Italy's Prime Minister, Enrico Letta, confirms the intention of Novatek and Eni to jointly participate in future offshore projects in the Mediterranean Sea.