This case is very important and it was completed at the time of registration. On Monday, April 11, Italian Council President Mario Tragi visited Algiers, where he met with President Abdelmadzi Debon and officially announced the agreement between the two countries to increase the supply of natural gas to Italy.
In the coming months, the Transmit Gas Pipeline, which connects Algerian gas fields to western Sicily via Tunisia, will have to increase its flow rate to operate at full capacity. The aim is to gradually increase Algeria’s gas supply to 30 billion cubic meters (currently 21), to 9 billion cubic meters – an increase of about a third of Russia’s current gas supply. In practice, an increase of 3 billion is possible from 2022, with the rest expected in 2023.
At a time when war is raging in Ukraine and the whole of Europe is trying to do everything possible to reduce Russia’s dependence on hydrocarbons, the success of this fast-paced operation will not be easy. Of course, Rome will pay a high price for this extra contribution, but while Europe continues to discuss the possibility of imposing an energy embargo on Russia, the agreement signed in Algiers is a significant step forward. In the coming weeks, the head of the Italian Council is set to travel to Congo, Angola and Mozambique, and formalize agreements with long-distance opportunities. In the short term, Russia will not be able to fully compensate for the annual 30 billion cubic meters supplied to Italy (40% of the country’s gas imports). However, all the opportunities to reduce the cost of potential sanctions on the energy sector are good.
In fact, Italy confirms through the voice of its council chairman that it is ready to accept the embargo at any cost if its allies decide. “Do we want peace or air conditioning this summer? This is the question, I think we need to ask ourselves. He was briefed at a press conference at the end of the Cabinet meeting on April 6.
Since the beginning of the Ukrainian crisis, Mr Draghi has shown support for stability, despite the reluctance expressed by many elements of his majority. According to information from Financial Times, He was the one who put forward the idea from the first hour of the invasion “Freeze” The foreign assets of the Russian Central Bank lost more than $ 600 billion in resources to Moscow, causing unexpected damage. Without confirming this information, the leadership of the Italian Council allowed it to be stated. In the same way, from the beginning of the conflict he defended the idea of providing the Ukrainians with defensive weapons. Not arming the victims would prove that the dictators are right. He did not hesitate to summon a hemicycle in memory of Adolf Hitler and Benito Mussolini, and on March 23 he pledged to the Chamber of Deputies.
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