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Europe Daily Bulletin No. 10047

24 December 2009
Contents Publication in full By article 28 / 31
GENERAL NEWS / (eu) eu/eib
Loan of €300 million to Snam (Eni group) to build two new gas pipelines in Italy

Brussels, 23/12/2009 (Agence Europe) - On Tuesday 22 December, the European Investment Bank (EIB) signed a funding contract for €300 million with ENI in favour of Snam Rete Gas, a company belonging to the group which is quoted on the Milan stock exchange. The EIB loan will help to cover nearly 50% of the cost of investments planned for the construction of two new gas pipelines by Snam, one to connect Massafra with Biccari (Puglia Region), and the other to connect Cremona with Sergnano...

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