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Eni: Descalzi, not an easy winter without a gas price cap

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(ANSA) – ROME, JUN 08 – “This winter will not be easy without a ceiling on the price of gas because there will be volumes but bills will be heavy for companies and consumers as we must not forget the speculative distortion of the market”. This was stated by Eni CEO Claudio Descalzi, convinced of the importance of Prime Minister Mario Draghi continuing to “insist” on the gas price roof. “For the winter, since Russian gas is still there, there is not a problem of flows but of prices. This is why it is important that Draghi continues to push. For no reason we have a price that is higher 6-7 times of what we had in 2019 “.

“Putting a cap means reducing the price of electricity, guaranteeing energy security because it gives the possibility to fill the storage areas to 85-90%, which is essential at a time when we will experience intense cold”, he explains. Descalzi then observes that finding an agreement in Europe on the gas price ceiling is not easy and “we saw it with the Russian oil embargo but Italy is right to insist because it would have a very positive impact and moreover it would also represent a mini embargo for Russia because it would earn less “. A cap “would also be a deterrent to US gas if the price tends to rise.”

(HANDLE).

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Source: Ansa

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