The head of Eni said that Italy will be able to survive the winter without Russian gas

Claudio Descalzi noted that gas storage facilities in Italy are already 90% full, and Eni is working on diversifying supplies,in order to completely abandon Russian gas by 2024-2025

Italy "could survive" the coming winter without Russian gas, provided temperatures remain mild. This was stated by the HEAD of the Italian gas company Eni Claudio Descalzi, reports BLOOMBERG.

According to him, Italian gas storage facilities are already 90% full by now, and the authorities are actively replacing Russian fuel. “Algeria has already doubled gas supplies to Italy,” the head of the company stressed.

Earlier, Descalzi reported that Eni plans to replace about 50% of gas imports from RUSSIA by 2023, increasing this amount to 80% in 2023-2024, and completely abandon such supplies by 2024-2025.

Gazprom warned Europe that it would not have enough stocks in storage facilities Economics

The rise in world electricity prices in Europe has been going on since the end of February, when the EU imposed sanctions against Moscow in response to the Russian special operation in Ukraine . This was followed by a decrease, and later a complete cessation of gas transportation through the Nord Stream, an increase in fossil fuel prices and record inflation. In addition, since August 31, Gazprom has reduced gas supplies to Italy from 27 million cubic meters. m up to 20 million cubic meters. m, reported Eni.

The situation in the European economy is complicated by severe drought in the central and southern parts of the region.

Italy, along with Germany, Finland and Bulgaria, is one of the countries most dependent on Russian gas. According to 2020 data, Rome was 46% dependent on Russian fuel supplies.

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In some European countries, due to a sharp increase in gas prices and, as a result, electricity, production has decreased at factories, and many of them are on the verge of closing. In July, the EU member states agreed to cut gas consumption by 15% compared to the averages over the past five years from August 1 to March 31, 2023.

Moscow, in response to the restrictive measures of the West, transferred gas payments for unfriendly countries (the list of such states includes the entire EU) into rubles. After some countries, including Finland, the Netherlands, Poland, Denmark and Bulgaria, refused to pay in Russian currency, Gazprom stopped deliveries. The head of the European Commission, Ursula von der Leyen, claimed at the end of July that a total of gas pumping was stopped in 12 EU countries.