Italy signs gas deal with Angola to end dependence on Russia

April 21, 2022 / 12:34 AM
Italian Foreign Minister Luigi Di Maio
Sharjah 24 – AFP: Italian ministers on Wednesday signed a deal with Angola to ramp up gas supplies from the southern African country as Italy urgently scrambles to break away from Russian gas over the Ukraine war.
A declaration of intent was signed to develop "new" natural gas ventures and to increase exports to Italy, a statement from the Italian foreign minister announced.

"Today we have reached another important agreement with Angola to increase gas supplies," Foreign Minister Luigi Di Maio said in the statement.

"Italy's commitment to differentiate energy supply sources is confirmed," said Di Maio at the end of a two-and-half-hour long visit to Luanda.

Prime Minister Mario Draghi wants to add Angola and the Congo Republic to a portfolio of suppliers to substitute Russia, which provides about 45 percent of Italian gas.

Cingolani described the deal as "an important agreement that gives impetus to the partnership between Italy and Angola in the fields of renewables, biofuels, LNG and training in technology and environment".

A similar declaration will be signed in the Republic of Congo.

April 21, 2022 / 12:34 AM

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