Gas pipeline linking Russia to Turkey | Italian oil giant Eni plans to sell its shares

(Milan) The Italian hydrocarbons group Eni intends to sell its 50% share in the Blue Stream gas pipeline, which it controls equally with the Russian giant Gazprom, in the wake of the invasion of Ukraine by Moscow, announced Tuesday evening a spokesperson for the company told AFP.

“Eni intends to sell its share” in the Blue Stream gas pipeline that connects Russia to Turkey “via the Black Sea,” he said. Eni thus follows the example of oil majors such as the British Shell or BP, which have announced that they are withdrawing from projects in Russia.