Eni (E -1.8%) says an adverse arbitration decision in a natural gas dispute with GasTerra will...

|By:, SA News Editor

Eni (E -1.8%) says an adverse arbitration decision in a natural gas dispute with GasTerra will reduce its Q3 earnings by €604M ($785M). The ruling will allow Eni to claim a price reduction for the gas volumes purchased in the period subsequent to that settled by the decision.