Eni has agreed a US $200m deal to sell its stake in the subsea gas pipeline linking the UK and Belgium. Eni is selling its 16.41% interest in Interconnector UK (IUK), its 51% interest in Interconnector Zeebrugge Terminal (IZT) and its 10% interest in Huberator to Fluxys and Snam. Eni said the transaction is part of its strategy to rationalise its non-core asset portfolio.
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