Snam S.p.A. (BIT:SRG) entered into the sale and purchase agreement to acquire a 25% stake in East Mediterranean Gas S.A.E. from PTT Energy Resources Company Limited for $50 million on January 29, 2021. As a result of the transaction, EMG ceases to be the associated company of PTTER. Transaction was approved by the Board of Directors of PTT Public Company Limited. Snam S.p.A. (BIT:SRG) completed the acquisition of a 25% stake in East Mediterranean Gas S.A.E. from PTT Energy Resources Company Limited for $50 million on December 2, 2021.