Update: Eni Might Consider Dana Gas’s Egyptian Portfolio

Eni has refuted earlier statement regarding its lack of interest in Dana Gas’s Egyptian portfolio, according to Reuters.

Eni is not entirely ruling out a possible interest in the Egyptian assets of Dana Gas, unlike what earlier statements had reported, Eni’s CEO Claudio Descalzi said.

On the sidelines of a conference, Descalzi clarified that he had not yet reached out for potential buyers. However, he said that any potential bid is unlikely, since Eni already has a lot of resources in the area.

“Never say never, but it is not a priority for us,” he said.

Earlier, the CEO told Bloomberg in an interview that Eni aims to mainly focus on “organic growth in Egypt.”


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