VOL. XLIII

No. 07

14-February-2000

LIBYA

Eni To Supply Edison With 4 BCM/Y Of Libyan Natural Gas

Italys Eni announced on 9 February that its subsidiary Agip North Africa BV has signed an agreement to supply the Italian energy company Edison Gas with 4 BCM/y of Libyan natural gas beginning in July 2002 for a 24-year period. According to an Eni statement, "the price of gas stipulated by take-or-pay contracts reflects international market conditions and foresees the possibility of price indexation."...