Currency converter
All news
News Search Topics
Use filter
You can filter your feed,
by choosing only interesting

EU unable to quit Russian gas import in near term - CEO of Italian oil and gas company

March 24, 2014, 19:19 UTC+3 LONDON

But EU can diversify energy sources

1 pages in this article

LONDON, March 24. /ITAR-TASS/. The European Union is too dependent on natural gas imports from Russia to abandon them over the near term, chief executive of the Italian Eni energy group Paolo Scaroni said in an interview released in Financial Times on Monday.

Europe now depends on Russian gas, but if the EU and Russia achieve no compromise over Ukraine and Crimea, the EU will make giant efforts to diversify its energy sources, including shale gas production in the EU territory, more extensive liquefied gas imports and increased imports from Algeria, Libya and Norway, Scaroni believes.

Meanwhile, the prospects for the South Stream pipeline on the bed of the Black Sea where Eni holds 20% were dismal, he added.

Show more
In other media
Partner News