Eni SpA (E), Italy's biggest oil and natural gas company by volume, expects to close the sale of some of its Italian hydrocarbon assets in the next weeks, Chief Executive Paolo Scaroni said Thursday.

The sale is to Italian company Gas Plus SpA (GSP.MI), Scaroni said, speaking at a press conference after the company's annual shareholders' meeting in Rome. He didn't give pricing details.

Eni's expected sale involves the Societa Padana Energia SpA and Societa Adriatica Idrocarburi SpA units, as part of its efforts to reduce net debt and focus on international assets.

Analysts have indicated a price-tag of around EUR900 million for the assets Gas Plus is negotiating to buy.

-By Liam Moloney, Dow Jones Newswires; +39 06 6976 6924; liam.moloney@dowjones.com
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