ITALY TO OPEN 'EXCLUSIVE' PO BASIN AREA IN 1992

Fabrizio Rigo Consultant Houston Under new regulations of the European Community, no oil and gas state monopoly is allowed in the member countries. As a consequence, by 1992 Italy will open for application by international oil companies all lands not covered by exploitation concessions in the "ENI exclusive area." This monopoly area covers the prolific Po basin, the cradle of the Italian state oil company AGIP SpA, Milan.

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