The logo of Italian energy company Eni is seen on a booth stand during the Nigeria International Petroleum Summit in Abuja, Nigeria February 11, 2020. REUTERS/Afolabi Sotunde/File Photo Acquire Licensing Rights
Nov 16 (Reuters) – Nigeria is withdrawing civil claims totalling $1.1 billion against energy producer Eni SpA (ENI.MI), Bloomberg News reported on Thursday.
The West African country’s justice ministry will waive the claims before Italy’s highest court “unconditionally” and “with immediate effect” no later than Nov. 17, the report said citing a letter seen by Bloomberg.
Reporting by Jyoti Narayan in Bengaluru; Editing by Andrew Heavens
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