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Asharq Al-Awsat
Asharq Al-Awsat
World
Asharq Al-Awsat

Italy's Eni to Pull Out of Russia-Turkey Pipeline

The logo on the headquarters of Italian oil and gas company Eni in San Donato Milanese, near Milan, Italy, Oct. 27, 2017. (AFP Photo)

Italian oil giant Eni said Tuesday it would withdraw from the Blue Stream gas pipeline linking Russia to Turkey, in which it has a 50 percent stake.

"Eni intends to sell its stake" in Blue Stream, a company spokesman said, following moves by rivals BP and Shell to divest from Russia-linked projects after Moscow invaded Ukraine.

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