Italian Energy Giant Eni Signs Deal To Boost Algerian Gas Supply

May 27, 2022 · 51s
Italian Energy Giant Eni Signs Deal To Boost Algerian Gas Supply
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Italian energy giant Eni and Algeria’s state-owned Sonatrach have reached an agreement to boost both gas exploration and the development of green hydrogen in the North African nation, as Rome...

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Italian energy giant Eni and Algeria’s state-owned Sonatrach have reached an agreement to boost both gas exploration and the development of green hydrogen in the North African nation, as Rome seeks new ways to reduce its reliance on Russian hydrocarbons.
Algerian President Abdelmadjid Tebboune says every time production increases, they will be able to supply it to Italy, which can then send it to the rest of Europe.
Tebboune says as far as electricity is concerned, we have agreed with our Italian friends to set up a submarine cable from Algeria to Italy.
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Author Africa Business Radio
Organization Africa Business Radio
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