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DAVOS: Italian oil and gas group Eni has suspended drilling in the Black Sea in a Rosneft-led offshore project because of US sanctions, the company's chairwoman said on Wednesday.

"We asked authorisation to the US and so we obtained the authorisation from the US so we started to drill this well, but then now we have to stop because_ sanctions are hitting this," Emma Marcegaglia said at the World Economic Forum in Davos.

 

Copyright Reuters, 2018

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