Feb 06 2010 |
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Eni Cancels Energy Deal
06 February 2010Italian Prime Minister Silvo Berlusconi, on an official tour of occupied Palestine, announced the cancellation of a decision by the oil company Eni to develop an energy field in Iran.
" Eni has a contract to respect unless it wants to pay a penalty, but it has already renounced the possibility it had to develop the third phase of an important field," Berlusconi said on Monday, quoted by Reuters.
The Italian state-run Eni has declined to comment on Berlusconi's remarks.
Eni , Italy's biggest oil and gas company, signed a $550 million deal with the National Iranian Oil Company in 2001 to develop Darkhovein oilfield, which lies in southwest near the Iraqi border.
Eni produced 28,000 barrels of oil per day in Iran in 2008. The decision has apparently been taken under the pressure of the Zionist regime over Iran's insistence on continuing its civilian nuclear program for meeting its energy and manufacturing needs.
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