Business & Economy

Italy’s Eni says Russian gas supply cut by one third

Rome, Jul 11 ​​(EFE).- Russia has cut gas deliveries to Italy by one third, Italy’s energy supplier Eni, the partly state-owned firm, said on Monday.

“Gazprom announced that today it will supply to Eni volumes of gas for approximately 21 million cubic meters/day, while the average for the last few days was of about 32 million cubic meters/day,” Eni said in a statement.

The energy company added it would “provide further information in the event of new and significant changes in flows.”

The move comes as gas supply to Germany via the Nord Stream 1 stopped on Monday for maintenance works until July 21.

Italy’s prime minister Mario Draghi is currently working on measures to reduce gas bills and limit consumption for heating and street lighting, according to local media.

The Italian government has also approved a 30 billion euros relief fund to deal with the crisis.

Before the invasion of Ukraine, Italy imported 90% of its annual gas supplies, 40% of which from Russia.

Since the outbreak of the war, Italy has been looking for alternative suppliers and has signed new agreements with other gas suppliers from Algeria, Qatar, Angola and the Republic of the Congo.EFE


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