The Italian company Eni will leave the capital of the Russian-Turkish gas pipeline Blue Stream

A company spokesman said on Tuesday that Italian oil company Eni would divest itself of its equity stake in the Blue Stream gas pipeline, which it controls in equal parts with Russia’s Gazprom, joining similar measures taken by other companies after the Russian invasion of Ukraine. France Press agency.

“Eni intends to sell its stake” in the gas pipeline that transports fuel from Russia to Turkey via the Black Sea, the spokesman said.

And other oil companies, such as British Shell and BP, announced in recent days, their withdrawal from their joint investments with Russia.

He emphasized that “Eni’s current presence in Russia is marginal. Existing joint ventures” with Russia’s semi-public giant Rosneft “associated with Arctic exploration licenses have already been frozen for years, mainly due to international sanctions imposed since 2014”. . official speaker.

Eni’s participation in these joint ventures with Rosneft is 33.3%. In response to a question by AFP, the spokesman did not specify which part of the capital the Italian group in the Blue Stream gas pipeline is located.

The Russian invasion of Ukraine on Thursday sparked strong international condemnation and numerous economic sanctions against Moscow, as well as from private companies.

Anglo Dutch Shell announced Monday that it will separate itself from its participation in several joint ventures with Gazprom in Russia, such as a giant gas project in Russia’s Far East, on an island near Japan, or two Siberian fields. .

BP has indicated that it will distance itself from Rosneft, of which it has held 19.75% of the capital, and France’s Total Energy has confirmed that it will not “contribute more capital to new projects in Russia”.

Moscow announced, on Tuesday, that it is preparing a decree to stop the bleeding of foreign investment caused by the invasion of Ukraine and international sanctions.

bh / ybl / dbh / rsr