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Showing posts with label Italy. Show all posts
Showing posts with label Italy. Show all posts

Wednesday, April 20, 2022

#Africa's #Oil & #Gas Comes to #Italy’s Rescue—Will the rest of #Europe be left out?

“Diversification is possible and feasible relatively quickly, shorter than we imagined just a month ago.”

- Mario Draghi, April 17, 2022, in an interview with Corriere della Sera

Italy currently gets about 40% of its gas from Russia, and Draghi has acted quickly to try to replace that supply with flows from elsewhere since President Vladimir Putin invaded Ukraine in February.

With Eni already present in more than a dozen countries in Africa, the continent is an attractive option for Italy.

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