Italy looks at Mediterranean for alternatives to Russian gas

Italy could increase gas imports from Algeria, Libya and the Netherlands to counter any disruption of supplies from Russia, Deputy Industry Minister Claudio De Vincenti said on Monday as G7 energy ministers gathered in Rome.

“We are capable of rapidly increasing imports from the supplier countries … Libya, Algeria and the Netherlands,” De Vincenti told Reuters.

Italy, which generates more than 40% of its electricity from gas, is increasingly dependent on Russian gas as Algerian imports decline and Libyan supplies are limited by growing unrest in the country. Continue reading

EU ‘to Extend’ Southern Gas Corridor from Azerbaijan

The EU would extend the route for supplies through the Southern Gas Corridor and its pipes will make their way further into Europe’s mainland, according to reports.

Russia’s Vedomosti, which cites sources from the European Commission, suggests that pipes could lead into France and Spain and this could increase the amount of Azerbaijani gas received from the Union.

According to the same EC representative, the prospects of importing from Turkmenistan and Iran are also on the agenda. Continue reading