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Italy signs Angolan gas deal amid Russia tensions
6:05 CAT | 21 Apr 2022
The gas deal strengthens ties between Italy and Angola
Italy and Angola have signed an energy co-operation agreement as European countries seek to reduce dependence on Russian gas.
The deal aims to “increase the export of Angolan gas and reduce the dependence of the European country on the Russian gas supply”, privately owned Angola24Horas says.
It was signed by Angolan Mineral Resources Minister Diamantino Azevedo and Italy’s Ecological Transition Minister Roberto Cingolani in in Luanda, Angola’s capital.
Italian multinational Eni is a major player in the Angolan oil and gas sector.
On Monday, April 11, Italy’s Prime Minister Mario Draghi struck an agreement with Algeria to buy more of its gas in a further sign of Italy’s attempts to reduce dependence on Russia.
Italy gets about 40% of its gas from Russia.
🇮🇹🇦🇴 Min. @luigidimaio, con Min. transizione ecologica Cingolani e AD di @ENI Descalzi, incontrano Pres. della Repubblica di Angola Lourenço. Rafforzamento partnership energetica, a conferma dell’impegno del governo 🇮🇹 a differenziare fonti di approvvigionamento. pic.twitter.com/8ZhKgHrAym
— Farnesina 🇮🇹 (@ItalyMFA) April 20, 2022
Source: BBC
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