Open Demo Account
Home / Market Update / Italy hopes to end its dependence on Russian gas in the second half of 2024
Italy
Italy

Italy hopes to end its dependence on Russian gas in the second half of 2024

Adel 3 May, 2022 1:42 pm Market Update

Italian Environmental Transformation Minister Roberto Cingolani said in an interview published on Tuesday that his country hopes to end its dependence on Russian gas in the second half of 2024.

“We must achieve self-sufficiency by the second half of 2024. We can dispense with importing Russian gas,” Cingolani added to the daily La Repubblica.

Cingolani responded to a question about the mechanism for paying for gas in Russian rubles, saying that the EU Commission should take a “clear and unambiguous” political position to avoid blaming individual countries or oil and gas companies.

Tags

Check Also

EUR/USD rebounds following American PCE data

EUR/USD is about 0.70% up, trading at 1.0427 at the time of writing. Earlier on …

This site contains information and opinions for the purpose of providing only general information and can not be relied upon. The information and opinions contained in this Site shall in no way constitute an offer or solicitation to buy, sell or subscribe to any investment product. Users of this site shall bear any risks arising from the use of any information, opinion, program, service or material. Noor Trends reserves the right to make any change to the Site, the information, opinions, materials, products, programs, services or prices (if any) at any time without notice.
All copyrights reserved Noor Trends