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Italy promised to find a replacement for half of Russian gas Russian news EN

Italian Eni announced plans to find a replacement for 50% of Russian gas from other suppliers

The Italian energy company Eni has promised to replace half of Russian gas with other suppliers, its head said. Claudio Descalzi. His words are quoted in press release on the company’s website.

“We plan to replace at least 50 percent of Russian gas this winter, using our broad and diversified reserve base, our long-standing relationships with producing countries and our growing presence in the LNG market,” Descalzi said.

According to him, Eni strengthened energy security in nine months of 2022 Italy thanks to the development of exploration and the acquisition of assets of the British giant BP in Algiers. Descalzi added that as part of the Marine XII offshore project in Congo The company has acquired the Tango FLNG LNG vessel. In the summer, TASS wrote that, in his opinion, Italy would completely abandon Russian gas in two to three years.

October 1 Gazprom declared about the impossibility of gas supplies to Italy, since its transportation through Austria limited by regulatory changes that came into effect at the end of September. By the time the transit was suspended, Italy managed to reduce the share of Russian gas in its imports to 10 percent. On October 5, both companies reported that gas supplies from Russia through the territory of Austria resumed.

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