Alberto Brambilla 4/17/2022
(Bloomberg) — Europe can reduce energy dependence on Russia quicker than previously estimated, Mario Draghi said in an interview with Corriere della Sera.
“Diversification is possible and feasible relatively quickly, shorter than we imagined just a month ago,” the Italian prime minister said after reaching an agreement to increase gas imports from Algeria.
“We have gas in storage and will have new gas from other suppliers,” Draghi said, adding that the affects of any “containment measures” would be mild. “We are talking about a 1-2 degrees reduction in heating temperatures and similar variations for air conditioners.”
Italy’s proposal to cap prices for natural gas used to generate power in order to reduce dependence on Russia is “gaining consensus” among other European countries, Draghi said in his first newspaper interview since he took office in February 2021.
“Europe continues to finance Russia by purchasing oil and gas, among other things, at a price that has no relation to historical values and production costs,” he said.
Italy currently gets about 40% of its gas from Russia, and Draghi has sought alternative sources since President Vladimir Putin launched an invasion of Ukraine in February.
He also said that he’s starting to agree with those who say that talking to Putin is “useless” and “a waste of time.”
“I have the impression that the horror of war with its carnage, with what they have done to children and women, is completely independent of the words and phone calls that are made.”
Italy’s government is “focused on what needs to be done” and Draghi has no intention to leave, dismissing speculations about a highly fragmented coalition. In national elections due next year, Draghi said he wouldn’t be a candidate and would participate as “a simple voter.”
EU can cut Russian energy dependence sooner than thought & More Italy Latest News Update
EU can cut Russian energy dependence sooner than thought & More Italy Live News
All this news that I have made and shared for you people, you will like it very much and in it we keep bringing topics for you people like every time so that you keep getting news information like trending topics and you It is our goal to be able to get
all kinds of news without going through us so that we can reach you the latest and best news for free so that you can move ahead further by getting the information of that news together with you. Later on, we will continue
to give information about more today world news update types of latest news through posts on our website so that you always keep moving forward in that news and whatever kind of information will be there, it will definitely be conveyed to you people.
EU can cut Russian energy dependence sooner than thought & More Italy Trending News Today
All this news that I have brought up to you or will be the most different and best news that you people are not going to get anywhere, along with the information breaking news today of this news, you can get other types of news along with your country and city. You will be able to get information related to, as well as you will be able to get information about what is going on around you through us for free
so that you can make yourself a knowledgeable by getting complete information about your country and state and information about news. Whatever is being given through us, I have tried to bring it to you through other websites, which you may like
very much and if you like all this news, then definitely around you. Along with the people of India, keep sharing such news necessary to your loved ones, let all the news influence them and they can move forward two steps further.
Credit Goes To News Website – This Original Content Owner News Website . This Is Not My Content So If You Want To Read Original Content You Can Follow Below Links