Italian energy giant Eni has agreed to sell a 49.9% stake of its subsidiaries that operate the gas pipelines between Algeria and Italy to energy infrastructure firm Snam for $435.7m (€385m).

The deal includes the onshore gas pipelines that run from the Algeria-Tunisia border to the coast of Tunisia (TTPC), and the offshore gas pipelines that connect the Tunisian coast and Italy (TMPC).

For more information, please see https://www.offshore-technology.com/news/eni-stake-gas-pipelines-snam/