ENI UNIT AGIP PETROLI BUYS STAKE IN U.S. COMPANY
A subsidiary of state energy concern Ente
Nazionali Idrocarburi <ENTN.MI> (ENI) said it has acquired a 50
pct stake in <Steuart Petroleum Co>, an independent U.S. Oil
products company. Financial terms were not disclosed.
    Agip Petroli Spa said in a statement that the remaining 50
pct of the U.S. Firm is owned by <Steuart Investment Co>, a
holding company which also has interests transportation, hotels
and insurance.
    The Italian firm said Steuart Petroleum operates primarily
on the East Coast of the U.S.
 Reuter
