Eni Reorganizes Gas and Power Segment

Following the reorganization of Eni’s Gas and Power activities, approved by the Company's Board of Directors, the Business Unit Optimization and Trading will be renamed Business Unit Midstream and a new Business Unit Downstream Gas and Power has been created.

The Business Unit Downstream Gas and Power, of which Eni’s Chief Executive Officer, Paolo Scaroni, has been appointed interim head, will be responsible for the development in Italy and abroad of commercial retail and mid gas & power as well as the generation of electricity power.

The Business Unit Midstream, headed by Marco Alverà, will oversee commodity trading activities, supply and oil & gas portfolio optimization, sales on wholesale gas and power markets, midstream LNG commercial activities and commodities transport.

Following the reorganization, the Gas and Power Division activities will merge into the Business Units mentioned above.

eni.com