Descalzi said in an interview with the newspaper “La Stampa”, that “European gas stores are full, and despite the return of life to the world economy, demand is not at its peak because China is not has not yet fully resumed its activities”.
He added, “On top of all this, during these months we have been able to diversify supplies and get rid of dependencies that threaten supply and price stability.”
He said Russian gas imports have fallen to almost zero, thanks to liquefied natural gas supplies from the United States and new contracts with a number of African countries.
Before the outbreak of the Russian-Ukrainian war in 2022, Italy was 40% dependent on Russia for its gas imports.
Eni said on Friday its first-quarter net profit fell 11% year-on-year due to lower oil and gas prices compared to the first three months of 2022, but its results beat expectations.
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