Behind the scenes of ENI SNAM Algeria-Tunisia-Italy gas pipeline

Behind the scenes of ENI SNAM Algeria-Tunisia-Italy gas pipeline deal

The agreement, valued at €405 million, provides the transfer to the Italian network operator SNAM of 49.9% of the companies operating the gas infrastructures that link the Algerian border to Italy via Tunisia and the Sicilian Channel.

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            ▪ Behind the scenes of ENI SNAM Algeria-Tunisia-Italy gas pipeline deal


            ▪ The agreement, valued at €405 million, provides the transfer to the Italian network operator SNAM of 49.9% of the companies operating the gas infrastructures that link the Algerian border to Italy via Tunisia and the Sicilian Channel.


            ▪ https://www.africabusinessplus.com/en/810361/behind-the-scenes-of-eni-snam-algeria-tunisia-italy-gas-pipeline-deal/

07/12/2021 at 20h39, by Africa Business+, updated 11/01/2023

Several advisors surrounded ENI and SNAM for this unprecedented operation. On the financial side, notably the valuations, according to information obtained by Africa Busines+, ENI was supported by Rothschild & Co. SNAM used the Italian bank Unicredit and Costagama, a boutique created by Claudio Costamagna, a former Goldman Sachs employee.