Italy's Eni offers to provide a guarantee to resume Russian gas supplies - Business News

2022-10-03 19:21:12 By : Mr. Kent Wong

Need help?Contact the Customer Service Department of "Verslo žinios".by phone (8 5) 252 6330 or e-mailby mail prenumerata@verslozinios.lt.The Italian energy giant Eni said on Monday that it is ready to provide 20 millionEur guarantee to resume the supply of Russian gas through Austria, which was suspended allegedly due to regulatory changes.Gas supplies were halted on Saturday after Russian gas giant Gazprom failed to provide a newly imposed guarantee to an operator transporting gas from Austria to Italy, Claudio Descalzi, Eni's chief executive, said."We are investigating whether we can take over the guarantee and provide 20 million.Eur", he noted and added that he believed that "this problem will be solved this week"."Supply is definitely not stopped for geopolitical reasons," said Eni's head on the sidelines of a conference held in Rome.Speaking about Gazprom, he noted that "it is difficult to imagine that a company that wants to pay in rubles could provide guarantees in euros."The majority of Russian gas is delivered to Italy via Ukraine and the Trans Austria (TAG) pipeline to Tarvisio in northern Italy near the Austrian border.Before the war in Ukraine, Italy imported 95% of the gas it consumed and about 45% of this came from Russia.Before the suspension of supply, Italy received approximately 20 millioncubicm of Russian gas per day, or "approximately 9-10%" of gas imports, C. Descalzi stated.Outgoing Prime Minister Mario Draghi has signed a number of new deals with other gas suppliers to reduce Italy's dependence on Russia and has taken steps to fill the country's gas storage as quickly as possible before winter.Roberto Cingolani, the minister of ecological transformation, said on Sunday that Italy had already reached its target of 90% filling of its storage facilities and was taking steps to further increase their filling levels.Choose the companies and topics you are interested in - we will inform you in a personal newsletter as soon as they are mentioned in "Verslo žinija", "Sodra", "Registrų centura", etc.in the sources.Write to the editorial team or the manager.to the editor rolandas.barysas@verslozinios.lt.We guarantee confidentiality.The Italian energy giant Eni said on Monday that it is ready to provide 20 millionEur guarantee that...This year's TOP of the richest people in Estonia, compiled by the Estonian business daily Aripaev, is topped by...The stock exchanges started the new quarter stormily - among the abundance of news, there was also a reality show...The company "InMedica", which manages a network of medical clinics, received 37.3 million in the first half of this year.Eur...The pressure in the damaged Nord Stream gas pipelines has stabilized, according to the Russian energy company Gazprom.Annual inflation in Turkey topped 83% in September after Turkey's central bank cut interest rates,...The Government of Lithuania issued 100 million Eurobonds in the domestic market for 1 year and almost 4 months.Eur borrowed...For the Organization of the Petroleum Exporting Countries (OPEC) and other major producers of "black gold"...Swiss bank Credit Suisse's management has to reassure shareholders about the bank's health, while investors...Would like a sexier brand for a title like this.Well, whatever you do - deals are determined by the situation and...Investment management and life insurance group INVL signed a cooperation agreement with Klaipėda...It is difficult for a small business to get financing, and for a small and young business, the chances are reduced even more.VŽ was interested in what...The explosions that pierced the Nord Stream and Nord Stream 2 gas pipelines only briefly raised gas prices in Europe...Goindex, the manager of second- and third-tier pension funds in Lithuania, gathered about a couple of...Vilnius office building "Lvivo" has changed its owner.Although various investors were interested in the property, it was...Leading voices in the investment world this week shared insights that have been difficult to discover…Global stock exchanges continue to record highs not seen in a long time, as investors can't handle the rising...In the first half of this year, one of the largest milk processing companies, AB Pieno žvaigždės, received 101.7 million.Eur...After the energy ministers of the European Union (EU) on Friday approved the proposal to redistribute cheap electricity...One of the country's largest milk processing groups, Žemaitijos pienas, in the first half of 2022.received 122.7...This week: the budget, annexation and de-occupation, the new European Community, Nobel PremiumThe war started by Russia in Ukraine is changing the priorities of Latvian voters PremiumLukas invests: my most actively traded share, even I was surprised by PremiumThe Baltics were rocked by gas pipeline explosions, and gas traders just shrugged their shoulders at PremiumVMI creates a platform for dialogue with taxpayers: what Premium businesses expectHe distinguished three scenarios, giving an 80% premium to the probability of a recession in the euro areaOur biggest attention stealers that distract from work PremiumSalaries will not catch up with inflation: how the Premium business solves it and could solve itBrands of well-known personalities - more opportunities and challenges in PremiumThe list of finalists of the "ADC*LT'22" creativity festival has been publishedBeer production has not stopped due to lack of carbonation, but when its price will rise is only a matter of time at PremiumHow to reach the customer's eye and heart: simple, inexpensive, but with a story PremiumGET Baltic exchange turnover decreased by 60% in SeptemberIEA: EU countries should reduce gas consumption by 9-13%The goal of "Jungent Lietuvos" is to be among the TOP 5 coffee suppliers in the HORECA Premium segmentAfter the peak of e-commerce, investments in e.commerce does not slow down PremiumSeptember TOP: the most read articles of the My Money portalRecord prices: how to manage money and spend lessAfter 2 years of negotiations, the control of "Tuvlitas" is in one hand, the expansion of Premium is plannedHaving managed the pressure of the pandemic, VIA 3L LT is learning to withstand electric shock PremiumInfographic: what housing in the capitals of the world would you buy for 1 millionUSD PremiumLvivo business center sold: potential for the largest investment transaction PremiumGoing into space requires money PremiumWith 5G enabled, the hope is that the Russians won't screw PremiumWe remind you that the laws of the Republic of Lithuania prohibit:The published comment is the responsibility of the reader who published it, who may be held criminally, administratively or civilly liable for its content.In the comment, we do not directly display the IP address of the author of the comment, but it can be transferred to law enforcement authorities in accordance with the procedure established by the laws of the Republic of Lithuania.All content published on the website vz.lt is the property of UAB "Verslo žinios", unless otherwise stated.Reproducing, publicly publishing or archiving this content on servers of other countries is prohibited without the written consent of the company.Reference to the source is required when citing.The quoted text cannot exceed 500 (five hundred) characters.You may use on your or your company's website without a separate agreement:The logo of the sponsor/partner of the project or section is attached to the articles of the section - usually the content created by "Verslo žinios" journalists.The sponsor/partner of the project or column does not contribute to the creation of this content.Sponsor's content, Business Tribune, Business Workshop - content created by the advertising client."Verslo žinios" journalists do not contribute to the creation of this content.Activity anniversary - content created by the advertising client to commemorate the company's anniversary."Verslo žinios" journalists do not contribute to the creation of this content.Expert Insights - Content created by the advertiser."Verslo žinios" journalists do not contribute to the creation of this content.If you have any questions, please contact: prenumerata@verslozinios.lt (8 5) 252 6330, (8 5) 252 6408If you want to continue listening to "Verslo žinios" podcasts, please become a VŽ premium member.Need help?Contact the Customer Service Department of "Verslo žinios".by phone (8 5) 252 6330 or e-mailby mail prenumerata@verslozinios.lt.