Dow Jones: Eni CEO Sees Europe's Gas Demand Dropping 5%-6% in 2012

Europe's natural gas consumption is estimated to fall between 5% and 6% this year compared with 2011, the chief executive of Eni SpA, Italy's biggest energy company by market value, said Monday.

This year's gas consumption "is going very badly," Paolo Scaroni said at a conference in Milan.  MORE