(ANSA) - ROME, JUN 15 - Russia on Wednesday cut its daily gas
supplies to Italy by 15%, fuels giant Eni said after being
informed by Russian energy giant Gazprom.
Eni said Gazprom had not given a reason for the reduction, and
did not say how long it would last.
Italian officials have said there are sufficient stocks to
offset any reduction in gas supplies.
Ecological Transition Minister Roberto Cingolani said Wednesday
"at the moment there no critical issues" with the gas supply.
He said supplies were being "constantly monitored with
operators".
Italgas CEO Paolo Gallo said "we have to do our sums before
getting concerned. The positive element ts that the level of
stocks is high and we are continuing with topping it up".
The Italian government has "moved rapidly" to diversify
suppliers by scrambling to set up alternatives with countries
like Algeria, Angola, Congo, Libya, Egypt, Israel and
Mozambique, Premier Mario Draghi said recently.
Rome is trying to wean itself off Russian gas, which currently
accounts for 40% of total gas imports.
Gazprom's move came after it cut supplies of gas to Germany by
40%, a decision described as "political" by the German
government.
German Economy Minister Robert Habeck said Gazprom was trying to
raise prices by its cuts.
The price of natural gas in Amsterdam closed sharply up
Wednesday with July futures up 24% to 120.33 euros per MWh, back
up to March 30 levels.
Methane was up 31.15% to 257.78 pennies at the MBTU in London.
European Commission President Ursula von der Leyen on Wednesday
signed what she called an "historic accord" to get Israeli
natural gas for the European Union, sources said after her
meeting in Cairo.
The gas will be pumped to the EU via Egypt, von der Leyen
explained after the deal. (ANSA).