One-Page Deal Sheet
Eni Considers CNPC for Investment in Iraq Holdings
CNPC Eni S.P.A
Announced Date
March 28,2013
Close Date
March 28,2013
Transaction Type
Property
Location
Region
Middle East
Country
Iraq
Transaction Details: Subscribe to see
Italian oil and gas group Eni is considering opening its business in Iraq to investment by Chinese oil company CNPC after offering it a stake in its bumper Mozambique gas field earlier this month, two sources said.
The sources, one close to the deal and the other governmental, added that no talks were yet under way with the Chinese group. "The idea is being examined, though we have not yet reached that point," one of the sources said.
Eni declined to comment.
Two Iraqi oil ministry officials said they were not informed by Eni of any intention to sell part of its stake in the Zubair oilfield…
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