Edison SpA (EDN.MI) plans to sign a gas supply agreement with Azerbaijan by the end of the year, Chief Executive Officer Umberto Quadrino told Italian newspaper Corriere della Sera in an interview published Friday.
Quadrino also said Edison is in the "final stages" of securing the rights to develop natural gas deposits in Egypt, after bidding for Egyptian gas field Abu Quir.
On the domestic front, Edison's CEO said he doesn't expect Italy to suffer from any power blackouts this winter.
Edison, one of Italy's biggest power and natural gas companies by volume, is controlled by A2A SpA (A2A.MI) and Electricite de France SA (1024251.FR)