Eni committed to keep 1.5 bln euro buyback even in an adverse scenario

April 24 (Reuters) - Eni ENI.MI top executives told a post-results call with analysts:

• ENI EXEC: GROUP SEES SETTING UP OF JV WITH PETRONAS BY END OF THIS YEAR

• ENI EXEC: GROUP COMMITTED TO KEEP 1.5 BILLION EURO BUYBACK EVEN IN AN ADVERSE SCENARIO

• ENI EXEC: AUTHORITIES IN KAZAKHSTAN HAVE NOT ENGAGED WITH ASSET OPERATOR, SHAREHOLDERS, CONTRACTING COMPANY FOR OIL PRODUCTION CUTS

• ENI EXEC: VITOL DEAL IN AFRICA IS ALREADY SIGNED, THERE IS NO 'MAC' PROVISION THAT COULD STOP IT

• ENI EXEC DOES NOT SEE ANY LOSS OF VALUE FOR PLENITUDE, TALKS WITH SUITORS FOR SECOND MINORITY STAKE SALE PROGRESSING

• ENI EXEC: GROUP HAS ALL THE LEVERS TO KEEP THE ANNOUNCED 1.5 BILLION EURO BUYBACK, MAY ACCELERATE OR SLOW DOWN ITS EXECUTION

• ENI EXEC SEES FINAL INVESTMENT DECISION ON PIPELINE CONNECTING CYPRUS CRONOS FIELD WITH EGYPT BY END 2025

• ENI EXEC: GAS PRODUCTION FROM CYPRUS CRONOS FIELD COULD START IN Q4 2027 OR Q1 2028

• ENI EXEC: GROUP EXPECTS AN INCREASE IN REFINERY UTILISATION IN Q2

• ENI EXEC: GROUP ENGAGING IN TALKS WITH U.S. AUTHORITIES OVER VENEZUELA OIL EXPORT, CONFIDENT IT WILL FIND A SOLUTION BY END-2025