Halting Russian gas imports would cause supply problems for Italy: Minister

by IANS |

Rome, May 10 (IANS) Italy will face short-term energy supply problems if Russia opts to cut gas sales to the country, Italian Ecological Transition Minister Roberto Cingolani has said.

Speaking on the sidelines of the City Enterprise Festival in Vicenza, Cingolani said Italy's transition away from Russia had already started, but will take time.

Like other European Union member states, Italy is seeking to reduce its dependency on Russian natural gas due to the ongoing conflict in Ukraine, Xinhua news agency reported.

Previously, Italy imported around 29 billion cubic meters of gas from Russia every year.

Italy has now struck deals that will replace most of those imports.

"Imports of 25 billion cubic meters of gas are ensured from 2024 onwards," Cingolani said.

The gap between previous levels of Russian imports and the new supply deals will be covered by imports of liquified natural gas, alternative energy sources, and conservation initiatives, he explained.

Latest News
Congress tied hands of our soldiers, we gave them full freedom to retaliate: PM Modi Thu, Apr 25, 2024, 02:02 PM
1 in 4 Indians came across political content that turned out to be deepfake: Report Thu, Apr 25, 2024, 01:54 PM
Greek frigate shoots down Houthi drone in Gulf of Aden Thu, Apr 25, 2024, 01:41 PM
Akhilesh Yadav files nomination from Kannauj LS seat Thu, Apr 25, 2024, 01:40 PM
Swiggy gets shareholders' nod for $1.2 billion IPO this year Thu, Apr 25, 2024, 01:04 PM
Russia warns NATO nuclear facilities in Poland, says, 'could become military target' Thu, Apr 25, 2024, 12:59 PM
Efforts for 'Viksit' Mathura will be made: Hema Malini Thu, Apr 25, 2024, 12:49 PM
Mahadev betting scam: Actress Tamannaah Bhatia summoned by Maha Police Thu, Apr 25, 2024, 12:26 PM
Woman kidnapped, gang-raped in Bengaluru, five arrested Thu, Apr 25, 2024, 12:24 PM
All arrangements falling in place for smooth conduct of LS polls in Kerala Thu, Apr 25, 2024, 12:21 PM
S. Korea launches presidential committee on medical reform amid protest Thu, Apr 25, 2024, 12:03 PM
How climate change impacts transmission of malaria Thu, Apr 25, 2024, 12:03 PM
Vivekananda Reddy's wife questions Jagan's Kadapa MP candidate pick Thu, Apr 25, 2024, 11:59 AM
Lawyers, parties in-person to receive SC case-related messages on WhatsApp, announces CJI Thu, Apr 25, 2024, 11:54 AM
IPL 2024: Rasikh Salam reprimanded for code of conduct breach Thu, Apr 25, 2024, 11:53 AM