Italy has signed an agreement with Angola on Wednesday, to increase natural gas imports in a bid to minimize its dependence on Russian energy.
This is in response to the West’s economic sanctions against the country for its war in Ukraine.
The two nations agreed to develop new activities in the natural gas sector and implement joint projects to help with the energy transition and decarbonization of Angola. The joint energy projects would involve renewables and liquified natural gas (LNG).
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Recently, Italy has also made deals with Algeria and Egypt amid European countries’ efforts to secure alternatives sources to Russian supplies.
Italian Foreign Minister Luigi Di Maio said: “Today we have reached another important agreement with Angola to increase gas supplies. Exactly one month after my first visit to Angola, Italy’s commitment to differentiate sources of energy supply is confirmed.”
The country’s Prime Minister Mario Draghi wants to add Angola and Congo-Brazzaville to a portfolio of suppliers to substitute Russia, which provides about 45 percent of Italian gas.
The deals in Angola and Congo could bring Italy an additional 1.5 billion cubic meters and 5 billion cubic meters a year, respectively.
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