Italy: ‘We are in a war economy’, said a minister

“We are in a phase of war economy. The European Commission is discussing the possibility of a second Recovery Plan because it brings to the fore a broader, European issue. In this war economy, some countries will suffer more from the consequences of their energy choices.” , said the Italian Minister of Ecological Transition Roberto Tsingolani.

At the same time, Tsingolani criticized his country’s energy strategy so far and added:

“In 2001 25% of natural gas was produced in Italy. In 2021 this percentage was reduced to 3%. But there was no benefit, because we reduced domestic production, but replaced it with supplies from abroad. We did not exceed the use “The consequences for the environment – with the various transports – have been heavier, we have financed other countries and we have weakened our operations.”

In relation to future developments, always in the field of natural gas, the competent Italian minister stated:

“We have secured 25 billion cubic meters of supplies, but it will take some time to start supplying them. For full flow, we will have to wait until 2024. The most critical period is the next six to eight months. If in the near future Russia “If the gas supply is cut off, we could have a problem for the winter. In other words, it can be problematic to deal with the next winter season, only with the natural gas that we have stored.”

Source: AMPE

Source: Capital

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