8 May 2024
Eni finalises sale of TAG pipeline to Italian state holding company CDP
Publication date: 10 June 2011
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Eni said today it has sold off 89% of its existing shares in the TAG pipeline, which transports Russian gas to Italy, to the state holding company Cassa depositi e prestiti Spa (CDP). The sale provides for the payment of € 483 million ($ 697.95 million), plus reimbursement of a shareholder loan granted to the TAP pipeline company equal to €192 million, Eni revealed.