18 April 2024
Eni Q1 2012 gas sales fall 5.3%, net profit jumps 13%
Publication date: 27 April 2012
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Italy’s Eni on Friday reported a 5.3% fall in natural gas sales to 30.61 Bcm due to “weak demand” and a “difficult market environment facing gas and power”. But the company also saw a 13% rise in adjusted net profit to €visual_editor.48 billion ($3.3 billion) during the first quarter of visual_editor01visual_editor due to the “recovery of production in Libya and higher oil prices”. The company also successfully renegotiated its supply contracts with Gazpro