Gas, Descalzi: “Supply higher than demand”

“In this moment we must not fear anything, we must only fear inaction”. Thus the CEO of Eni, Claudio Descalzi, replied to the Republic of Ideas 2022 to the question whether Italian families should fear gas rationing, after the announcement of the further cut in supplies by Russia. “At the moment the supply (of gas, ed.) Is higher than the demand: 200 million of supply, 150/160 of demand”. “Optimism is made up of actions, of doing things. For Italy, diversification was an important principle. At the moment we lack about 30 million cubic meters a day of Russian, but Italy is now able to have an offer of around 200 million. Algerian through the contracts we signed has more than doubled. Right now it is giving 64 million cubic meters through Vibe, 4 million through Lg and probably millions more in the coming weeks through other agreements “, Descalzi said, recommending: “We must not be alarmed by things that can happen in 4-5 months, we must make sure today that these things do not happen”.