Monday, May 16, 2022
name of Prensa Latina
Bandera inglesa
English Edition
name of Prensa Latina

NEWS

NEWS

Italian Minister considers current gas prices unjustified

Italia, ministro, precios, gas

Italian Minister considers current gas prices unjustified

Rome, Mar 17 (Prensa Latina) The Italian Minister of Ecological Transition, Roberto Cingolani, described as unjustified the average increase of 30 cents of an euro for 1.50 cubic meter of gas.
Share on facebook
Share on twitter
Share on whatsapp
Share on telegram
Share on email

In an informative hearing at the Senate of the Republic, Cingolani described as unacceptable “this gas price that translates into speculation by certain intermediaries who speculate and do not produce, but only carry out transactions,” linked to the market of futures.

In this sense, he said that in view of the coming winter, Italy will have to refill its storage areas to 95 percent with 12 billion cubic meters, which will mean paying 15 billion euros compared to three billion a year ago.

The minister pointed out that Italy imports 95 percent of the gas it consumes, with Russia as the main supplier with around 39 percent of the total, and ruled out any reason for concern in the short term even if supplies from that Eurasian nation are interrupted.

Cingolani pointed out that, in such a situation, problems could arise from next winter, and mentioned the government’s negotiations with several countries to reduce by around 20 billion cubic meters the purchases of Russian gas amounting to some 30 billion cubic meters per year.

jg/abo/mem/fgg

RELATED
ÚLTIMO MINUTO
name of Prensa Latina

| Text SMS to 8100 with content PL
Receive 4 mesages x 25 cup

© 2016-2021 Prensa Latina
Latin American News Agency

Radio – Publications  – Videos – News by the minute.
All Rigts Reserved.

St. E No 454 , Vedado,  Habana, Cuba.
Phones: (+53) 7 838 3496, (+53) 7 838 3497, (+53) 7 838 3498, (+53) 7 838 3499
Prensa Latina © 2021 .

Web Site developed by IT Division  Prensa Latina.