Italy's energy regulator mulling probe into illicit gas measurement allegations |
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Thu, 31 May 2007 13:58
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MILAN (Thomson Financial) - Italy's gas and electricity regulator (AEEG) is considering launching a probe over fraud allegations levelled at some Italian energy companies by the Milan prosecutors office over the use of gas measuring instrumentation, AEEG president Alessandro Ortis told a parliamentary hearing.'We are monitoring the case very closely and are collaborating with the prosecutors,' Ortis said.He said a probe might be launched to see whether certain regulations issued by the AEEG itself had been violated.Top management at Eni SpA, Snam Rete Gas SpA, Eni-controlled Italgas SpA, AEM SpA and Arcalgas, as well as the companies themselves, are being investigated for alleged fraud regarding measuring equipment used on gas transportation and distribution pipelines.stephen.jewkes@thomson.comsj/jrCOPYRIGHTCopyright AFX News Limited 2007. All rights reserved.The copying, republication or redistribution of AFX News Content, including by framing or similar means, is expressly prohibited without the prior written consent of AFX News.
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