Eni's CE0 said Europe needs long term energy plan
Claudio Descalzi, head of Italy’s Eni said in an interview that Europe needs a long term energy plan, as the continent braces for a long and expensive winter.
"Europe needs to have what it hasn't got today, a structured and long-term energy security plan," Descalzi said in an interview for La Repubblica newspaper, published on Saturday.
"I don't think there will be problems with gas procurement, but it will cost more," he said regarding this winter that is approaching.
He added that the EU imports almost all the natural gas and most of the oil it needs, explaining that the ongoing gas prices are proof that the European Union needs to work on a long term energy security plan.
As households across Europe are facing a surge in utilities prices, governments across Europe are looking for a solution to face what is expected to be an expensive winter.
KEEPING THE ENERGY INDUSTRY CONNECTED
Subscribe to our newsletter and get the best of Energy Connects directly to your inbox each week.
By subscribing, you agree to the processing of your personal data by dmg events as described in the Privacy Policy.
More utilities news

EDF Profit Falls as Power Prices Retreat and Income Taxes Climb

Centrica Shares Surge on £4 Billion Investment Plan, Buybacks

Orano Says Rising Uranium Price May Revive Mining Projects

ADNOC Distribution and TotalEnergies celebrate two years of TEME joint venture in Egypt

Mars Joins With Fonterra to Cut New Zealand Farm Emissions

European Gas Prices Hold Near €50 With Supply Fears Easing

UK’s First New Nuclear Site Since the 1970s Begins Licensing

Scholz Leaves Germans With Worst Economic Blues in a Generation

Thames Water Takes Business Plan Dispute to Markets Watchdog
