.
Italy to increase Algerian natural gas imports by nearly 50%
- font size decrease font size
increase font size
ROME, 12 April 2022, (TON): Italy will increase Algerian natural gas imports by nearly 50 percent after Prime Minister Mario Draghi signed an agreement with Algerian President Abdelmadjid Tebboune.
The agreement comes as Italy tries to compensate for a possible decrease in supplies of Russian gas amid the Ukraine conflict.
Draghi told the press at El-Mouradia presidential palace “our governments signed a declaration of intent on bilateral cooperation in the energy sector.”
He added “Italian and Algerian energy companies Eni and Sonatrach have agreed to increase gas supplies to Italy.”
Italy imports about 95 percent of the gas it consumes, and is one of the European countries most dependent on Russian gas.
Italy has said “it would support a ban on Russian gas over the Ukraine conflict if the EU is receptive to the idea.”
Leave a comment
Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.
