Eni’s head announces the need to create an “energy axis” between Europe and Africa

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In order to change the energy supply from Russia, it is necessary to create an energy axis between Europe and Africa. In an interview with the Financial Times, declaration CEO of Italian energy company Eni Claudio Descalzi.

“Closer cooperation with Africa will enable Europe to establish a south-north energy axis that will connect these two continents. When it comes to replacing Russian energy, the EU should look to Africa, not the USA. We don’t have the energy, but they do. We have a big industry, they need to develop it. There’s a strong complementarity,” said Descalzi.

According to him, in 2022, Eni’s main preference for substituting 20 billion cubic meters of gas from Russia was Africa. Therefore, the success of the transactions was due in part to Eni’s investment in Africa “at a time when other countries were not doing it.

He added that the revenue from new oil and gas projects will help African countries invest in clean energy projects. At the same time, the publication pointed out that Eni is not the only company investing in Africa. We are talking about British BP, which in November signed an agreement to study the possibility of developing environmentally friendly hydrogen for export.

December 24 on the organization’s website reportedHe said Eni plans to build a second floating liquefied natural gas (LNG) plant in Congo with a capacity of 2.4 million tons per year.

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