Eni and Gazprom to Look to 'Third Countries'

Italian oil and gas major Eni announced that the company's CEO Paolo Scaroni and Russia's Gazprom CEO Alexy Miller met April 2, 2008, at the Gazprom headquarters in Moscow.

Among the topics discussed between the two companies was the execution of the strategic partnership agreement that was signed in November of 2006 covering both upstream and downstream cooperation between the two companies.

Additionally, the men discussed "the realization of upstream joint projects in third countries."

In June of 2007, the two companies signed a Memorandum of Understanding for the South Stream project, which would link Europe and Russia through a 900-kilometer pipeline below the Black Sea.

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