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Italy’s Eni signs Congo Republic LNG deal

Published by
Reuters UK

MILAN (Reuters) -Italy’s Eni has signed a deal to increase gas supplies from the Congo Republic by more than 4.5 billion cubic metres (bcm) a year, the energy group said on Thursday. The deal is the latest Italian move to reduce dependence on Russian gas, with Foreign Minister Luigi Di Maio and Ecology Transition Minister Roberto Cingolani leading an Italian delegation to Angola and the Congo Republic this week to line up LNG contracts. The new partnership with the Congo Republic has “great growth potential” in the short and medium term, Di Maio said on Thursday. Italy obtains 40% of its gas i…

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