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Italian ENI bets on African gas suppliers

2022-03-18T19:50:10.703Z


The group claims to be able to market some 400 billion additional cubic meters, or nearly ten years of French consumption.


Rome

“For the moment, we have no gas supply problem,”

assures Mario Draghi.

The level of Italian stocks remains among the highest in Europe.

Nevertheless, since the first day of the Russian invasion, the government has been actively working to emancipate Italy from Moscow gas, which provides 45% of its needs.

And relies for this on the large Italian oil company, ENI, which he no longer controls at 31%.

Even before the outbreak of the conflict, the managing director of ENI, Claudio Descalzi, affirmed on February 18:

“If the government asks us, we are ready to make our contribution by investing again upstream in Italy. »

And announced at the end of February to leave the Blue Stream gas pipeline, which carries Russian gas via the Black Sea and Turkey.

Underutilized pipelines

But to replace Russian gas, alternative suppliers must be found.

Also the Minister of Foreign Affairs, Luigi Di Maio, and Claudio Descalzi toured the producing countries, visiting…

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Source: lefigaro

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