MILAN May 11 Italian oil and gas group Eni
declined to comment on a report that Qatar's sovereign
wealth fund was in negotiations to buy a stake in its capital, a
spokeswoman said on Friday.
Qatar's sovereign wealth fund is in "very advanced talks" to
buy a 3 to 5 percent stake in Royal Dutch Shell and is
also negotiating a stake in Italy's ENI, according to a
report in the Middle East Economic Survey.
Last month, Qatar Holding, a unit of the Gulf nation's
sovereign wealth fund, said it had increased its stake in French
oil group Total to 3 percent.
Shares in Eni rose 1.5 percent by 0841 GMT, outperforming a
flat Italian blue-chip index.