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12 May 2008 13:10 GMT | more prices >>

Italy keeps mum over lucky four


News wires

Italy has chosen the four winning bidders of a depleted gas field auction, but has not yet named the companies involved.

The auction covered four fields which will be converted into gas storage site.

The fields, once run by Italian giant Eni, were put up for auction in late 2006.

Government officials promised more details tomorrow but it is still unclear when the winners will be announced, a Reuters report said.

Gaz de France and Italy’s biggest utility Enel were among the bidders.

Selections were made by the technical commission of the Economic Development Ministry.


07 May 2008 18:33 GMT  | last updated: 07 May 2008 19:52 GMT

It's a mystery: someone will convert Italian gas fields to storage sites, but it's not clear who
 

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