The Gazprom Headquarters today hosted a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Paolo Scaroni, Chief Executive Officer of ENI.

The parties discussed the progress with the Strategic Partnership Agreement and further development of cooperation in the oil and gas sector. In particular, the meeting touched upon the implementation of joint hydrocarbon exploration and production projects in third countries.

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In November 2006, Gazprom and ENI signed the Strategic Partnership Agreement providing Gazprom with the opportunity to directly supply Russian gas to the Italian market starting from 2007. Annual gas volumes will be gradually increased to 3 bcm by 2010. Under the Agreement, the existing contracts for Russian gas supply to Italy are extended till 2035.