Italy’s Eni says Gazprom will lower fuel provides by 50% on Friday

Italy’s Eni says Gazprom will lower fuel provides by 50% on Friday

ROME: Italy’s Eni mentioned it would solely get 50 % of the fuel requested by Gazprom on Friday after Rome accused the Russian state-backed firm of “mendacity” a few collection of cuts.
“Gazprom has introduced that it’ll ship solely 50 % of the requested amount (with really delivered portions virtually unchanged in comparison with the portions delivered yesterday),” Eni mentioned in a press release, lowering deliveries for the third straight day .
A number of European international locations, together with Italy and Germany, rely closely on Russian fuel for his or her power wants.
As tensions rage with the West over the Ukraine warfare, Russia has ramped up power pressures and lower fuel provides to the continent in a transfer branded as “political” by each Italy and Germany.
Gazprom mentioned the cuts in provide over the Nord Stream pipeline have been the results of restore work, however EU officers consider Moscow is punishing allies of Ukraine, the place Russian forces launched an invasion in February.
Italian Prime Ressortchef Mario Draghi on Thursday dismissed Gazprom’s excuses, saying the explanations have been “we’re advised, technical in nature”.
“We and Germany and others consider that these are lies.”
Draghi mentioned state-owned Gazprom – which has mentioned Moscow has each proper to play by its personal guidelines on cuts – is utilizing the fuel provide for “political” functions.
Italy has sought to scale back its reliance on Russian fuel from various sources whereas pledging to speculate extra in renewable power.
The fuel shortages, that are driving up costs, “are having an affect, in a roundabout way on consumption however on storage,” Draghi mentioned.
EU international locations have been scrambling to wean themselves off Russian power however are at odds over imposing a fuel embargo as a number of member states are closely depending on Moscow’s provides.