Italy’s Eni says Russia state-controlled Gazprom will not supply gas, Moldova gas supplies cut by 30%

Italy’s Eni stated Saturday that it would not receive the Gazprom gas it requested for October.

Russian gas supplies via the Tarvisio entry points will be at zero on Oct. 1, as Gazprom has stated that it is impossible to supply gas through Austria. The statement was made by the Italian energy giant.

A spokesperson for Eni, Italy’s largest importer of Russian natural gas, stated that Austria continues to receive the gas at its border with Slovakia.

Italy has obtained additional gas imports from other suppliers this year to compensate for the decline in Russian flows following the conflict in Ukraine.

Russian gas now accounts for 10% of all Italian fuel imports, down from 40%, according to a source close. However, the share for Algerian and Nordic gas has increased.

The Eni spokesperson stated that they are currently working with Gazprom to confirm whether it is possible for flows to Italy to be reactivated.

Moldova says Russia’s Gazprom cuts gas supplies by 30%

According to Vadim Ceban (director of Moldovagaz gas firm), Russia’s Gazprom reduced natural gas supplies for Moldova by 30% on Saturday.

Andrei Spinu, Deputy Prime Minister, stated Friday that Gazprom had warned Moldova regarding the decrease in supplies.

Ceban stated earlier that Gazprom had paid Moldovagaz $23.9 million Friday to pay the rest of the late advance payment for September natural gas supplies. This was in order to close the $35.9 million debt.

Rumours in Moldova arose that Gazprom might cut off gas supplies to one of Europe’s poorest countries starting Oct. 1.


Linking Shareholders and Executives :Share Talk

If anyone reads this article found it useful, helpful? Then please subscribe www.share-talk.com or follow SHARE TALK on our Twitter page for future updates. Terms of Website Use All information is provided on an as-is basis. Where we allow Bloggers to publish articles on our platform please note these are not our opinions or views and we have no affiliation with the companies mentioned