Platts: Italy's Edison says renegotiations with Eni for Libya gas ongoing

Italian utility Edison confirmed Thursday to Platts that the second round of renegotiations for its contract with Italy's Eni to import some 4 billion cubic meters/year of Libyan gas to the Italian market is still ongoing.

Edison said last week it had successfully renegotiated the price of its gas import contract with Promgas, Gazprom's subsidiary in Italy.

It said this would have an estimated positive impact on its 2014 EBITDA of Eur80 million.

Edison's press office told Platts Thursday that both sets of discussions are part of a second round of renegotiations of its supply contracts related to 2014 and "previous years", without giving further details on the period under renegotiation.
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