Eni says Dutch unit stake to be seized after lost arbitration against GasTerra

Italian oil and gas group Eni said on Wednesday it lost a gas price review arbitration against Holland's GasTerra and was notified of a provisional seizure by a Dutch court of a 1-billion euro stake in its Amsterdam based unit. The original arbitration initiated by Eni aimed at a downward price revision of the long-term gas supply contracts with the Dutch group for the four years starting in 2012. Although the arbitration panel did not determine a new price for the contracts, GasTerra claimed an