Italy’s Minister for Ecological Transition Roberto Cingolani speaks in Milan, Italy, September 28, 2021. REUTERS/Flavio Lo Scalzo/File Photo
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MILAN, April 21 (Reuters) – Italy may begin being independent from Russian gas by the second half of subsequent yr, the nation’s ecological transition minister was quoted as saying on Thursday.
The Italian authorities “believes that by the second half of next year (Italy) could start being almost totally independent,” Roberto Cingolani stated in an interview revealed in day by day la Stampa, when requested about Rome’s vitality plans.
Cingolani added that the federal government’s technique relies on reaching, on one aspect, full capability in current gas pipelines with new contracts and, on the opposite, growing Italy’s capability for regasification – changing liquefied pure gas again to gaseous kind.
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Italy will get some 40% of its imported gas from Russia and has been wanting to diversify its vitality sources because the invasion of Ukraine in late February, subsequent Western sanctions and danger of disruptions.
It has already signed offers with Algeria, Egypt and the Congo Republic to assist substitute among the 29 billion cubic metres per yr it receives from Russia.
Cingolani stated the Italian authorities expects subsequent week to go to different international locations, particularly in Africa, to negotiate new gas contracts.
Australia, Britain, Canada and the United States have imposed outright bans on shopping for Russian oil however 27 members of the European Union have been unable to agree on an embargo.
The minister stated Europe’s robust dependence on Russian gas was a “serious geopolitical mistake of the last 20 years; it is pointless to think of solving it in a month”.
“In my opinion, in the short term we must interrupt gas supplies from Russia also because of ethical issues,” Cingolani stated.
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Reporting by Maria Pia Quaglia; Editing by Giulia Segreti and Bradley Perrett
Our Standards: The Thomson Reuters Trust Principles.
Italy to become almost independent from Russian gas in H2 2023 – paper & More Latest News Update
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