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ROME, April 22 (Reuters) – Italy and Spain are working on a treaty of enhanced cooperation for stronger bilateral relations, Italian Foreign Minister Luigi Di Maio mentioned on Friday.
Writing on Twitter after assembly Spanish Foreign Minister Jose Manuel Albares, Di Maio mentioned each nations confirmed their robust condemnation of the Russian struggle and assist for the Ukrainian individuals.
In March, Italian Prime Minister Mario Draghi mentioned he had mentioned with his Spanish counterpart Pedro Sanchez the thought of constructing a fuel pipeline between the 2 nations as half of plans to wean Europe off Russian fuel. learn extra
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Italy, which sources about 40% of fuel provides from Russia, has been scrambling to seek out options and diversify its provide combine following the invasion of Ukraine.
Spain has the biggest regasification capability in Europe however transporting the fuel into Europe throughout the Pyrenees has been a drawback as a result of of bottlenecks.
In efforts to chop its reliance on Russia, the Draghi authorities has signed offers in latest weeks to spice up imports from a number of African nations. learn extra
Under a deal with Algeria, Sonatrach will progressively elevate flows within the Transmed pipeline beginning this 12 months and attain 9 billion cubic metres of additional fuel per 12 months by 2023-24. learn extra
An Italian overseas ministry supply denied press reviews of stress between Rome and Madrid over fears greater flows to Italy might have a knock-on impact on provides to Spain.
Relations between Spain and Algeria soured after Madrid moved nearer to Morocco’s place on Western Sahara. However, former Algerian vitality executives and officers mentioned the nation was unlikely to make use of fuel as a level of stress. learn extra
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Reporting by Angelo Amante, enhancing by Kirsten Donovan
Our Standards: The Thomson Reuters Trust Principles.
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