Russian state vitality big Gazprom elevated pure gasoline exports to Italy by 15.9% in January by way of October 2021, in comparison with the identical interval final yr.
Based on the corporate’s report, in 2020, Gazprom provided Italy with 20.eight billion cubic meters of pure gasoline.
The blue gas is provided to Italy beneath three long-term contracts between Russia’s primary pure gasoline exporter, Gazprom Export, and the Italian department of multinational vitality main Eni.
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Gazprom CEO Alexey Miller and Eni CEO Claudio Descalzi lately held a working assembly in St. Petersburg, the place the events mentioned additional cooperation within the gasoline sector, in addition to prospects for low-carbon growth of European vitality.
Russian officers have repeatedly careworn the soundness that long-term contracts within the vitality sector convey, versus the volatility of spot gross sales, which have uncovered Europe to the present vitality disaster, with gasoline costs smashing data earlier this month, reaching an unprecedented $ 1,900 per 1,000 cubic meters.
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