Eni received government approval prior to selling Zohr stake to Rosneft

sechin-sisiEni obtained approval from the Egyptian government before moving forward with selling a stake of the Shorouk concession, which contains the Zohr field, to Rosneft, a company representative told Al Borsa.

The source also added that the sale is exempt from value-added tax as per the concession agreement.

(Source: Enterprise.press)

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