NewsEconomicsRussian gas, Descalzi: "100% replaceable in winter 23-24"

Russian gas, Descalzi: “100% replaceable in winter 23-24”

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“We moved not so much from other suppliers but on our reserves that Eni has in all countries: in North Africa, in Africa or in the Middle East. It is our equity, our production that we try to redirect from Algeria and Libya through gas pipelines. and via LNG. The work we have been doing in the last 4 months is to be able to redirect LNG to Italy and increase production both in Algeria and Egypt – in Libya it is more complex – in order to cover Italian needs “. This was stated by Eni’s CEO, Claudio Descalzi, speaking at the Forza Italia conference in Naples. “The progress of the acquisitions is positive” but, explains Descalzi, “it is clear that the volumes in progress are positive but we are not able to cover all the requirements necessary for the winter 2022-23 if not at 50% and starting from October and November But in the same period we would have to fill the storage areas. Without Russian gas it would therefore be extremely difficult. We will be able to cover 80% of our needs excluding Russian gas for the winter 22-23. We will be able to cover the winter 24-25 at 100%. “.

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