Italy’s Eni confident it will replace Russian gas completely by 2025

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Italy’s Eni confident it will replace Russian gas completely by 2025
Italy’s Eni confident it will replace Russian gas completely by 2025

Africa-Press – Mozambique. Italian energy group Eni (ENI.MI) believes it will be able to completely replace Russian gas imports by 2025 as uncertainty over Moscow’s energy supplies to Europe forces countries to seek alternative supplies.

After signing new gas supply agreements with Algeria, Egypt and Congo earlier this year, Eni sees additional opportunities arising in other countries in its global gas portfolio including Libya, Angola, Mozambique, Indonesia and also its home country.

The initiatives are designed to secure up to an equivalent of 100% of Russia’s 20 billion cubic meters of annual gas imports to the Italian market by 2025, the group said on Friday.

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