The government has already established new maximum and minimum limits for heating and cooling systems in public administration buildings (hospitals and clinical facilities are excluded): they will come into effect on May 1st and will last until March 31st 2023. That is to say "do not give gas to factories, schools, public administrations". He acknowledged, however, "that if tomorrow we were to put into practice the total embargo on Russian gas A strong rationing awaits us". Interviewed by La Stampa, Davide Tabarelli – professor of economics at the University of Bologna and president of the energy research company Nomisma Energia – commented positively on the government's effort: “hats off”. Of course, every additional cubic meter of gas will come at today's cost: five times more than in normal times.įor this reason, the main road must not (and cannot) simply be another gas. He added, however, that he was accelerating his exploration of reserves in order to double production capacity within four years.Īs for prices, on Twitter the ISPI researcher, Matteo Villa, explained that "every cubic meter of gas more will come at today's cost: five times more than in normal times". Sonatrach had previously stated that it only had "a few billion additional cubic meters" of gas available for export (the company must first of all meet the growing national needs). Not by the end of 2022, therefore, as Bloomberg wrote on Sunday last, anticipating the content of the agreement. The ultimate goal is known: to reach 9 billion cubic meters a year more, by fully exploiting the transport capacity of TransMed, by 2023 or 2024. The company has only made it known that the agreement falls "within the scope of the long-term gas supply contracts in place with Sonatrach" and that the growth of Algerian exports will take place "starting from the next autumn months". VOLUMES, TIMES AND PRICESĮni has not provided precise data on the additional volumes of gas that will arrive from Algeria, nor on the timing or even on prices. In 2021, Italian gas consumption was approximately 76 billion cubic meters, almost all of which came from abroad. The TransMed has a capacity of 30 billion cubic meters per year in 2021 Italy imported 21 billion cubic meters of gas from Algeria, making the country the second largest supplier after Russia (29 billion cubic meters in the same year). The statement released by Eni states that the agreement "will use the available transportation capacities of the pipeline to ensure greater flexibility of energy supplies, gradually supplying increasing volumes of gas starting from 2022, up to 9 billion cubic meters of gas per year in 2023-24 ".
WHAT THE AGREEMENT BETWEEN ENI AND SONATRACH SAYS The agreement was signed by the CEO of Eni, Claudio Descalzi, and by the president of Sonatrach, Toufik Hakka, in the presence of Draghi and the Algerian president Abdelmadjid Tebboune. The pact should help reduce Italy's deep energy dependence on Russia, the main fuel supplier with a 43 percent share in 2020. On Monday 11 April, during the visit of Prime Minister Mario Draghi to Algiers, Eni signed an agreement with the Algerian state energy company Sonatrach to increase natural gas supplies from Algeria to Italy through the TransMed pipeline. Here are the details, analyzes and moves of the government The gas supply agreement signed between Eni and Sonatrach provides that Algeria will send an additional 9 billion cubic meters per year to Italy, but not before 2023.
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