As the Russia-Ukraine war rages on, European Union members are facing a slew of energy security dilemmas.
Dependent on Russia for 40 percent of its gas imports, Italy is looking to reduce this reliance – and quickly – by turning to other countries while accelerating its move towards renewables.
Prime Minister Mario Draghi and the head of the Italian multinational oil and gas company ENI travelled to Algeria in April to sign a preliminary energy deal.
Then, last month, Algerian President Abdelmadjid Tebboune visited Rome to finalise ENI’s agreement with Algeria’s state-owned Sonatrach.
Under the agreement, Algeria is to gradually increase gas flows to Italy via the Transmed pipeline.
While Algeria can ultimately play a useful role in helping Italy reduce its dependence on Russian gas, Italian policymakers have several obstacles to overcome.
In 2010, Algeria was Italy’s top gas supplier but as the North African country had to meet growing domestic demand, exports to Italy have since dropped.
Bütün xəbərlər Facebook səhifəmizdə
.jpg)
USD
EUR
GBP
RUB
