Daily Management Review

Italy and Angola sign declaration of intent to supply gas


According to the Italian Foreign Ministry, Italy and Angola signed a declaration of intent on natural gas supplies on Wednesday, with the goal of increasing shipments to the Apennines among others.

Dipartimento Protezione Civile
Dipartimento Protezione Civile
Italy's foreign minister Luigi Di Maio, environmental transition minister Roberto Cingolani, and the CEO of major oil and gas corporation Eni Claudio Descalzi are all on the trip to Angola.

"We reached a new arrangement with Angola today to expand gas deliveries. Italy's commitment to diversifying its energy sources has been confirmed exactly one month after my first visit to Angola," according to Di Maio.

The agreement will be used to build new gas projects and cooperation strategies for Angola's "decarbonisation and energy transformation," according to the press release.

The declaration, according to Cingolani, will bolster Italy's and Angola's relationship in "renewable energy, biofuels, and liquefied natural gas."

"It's not just a step forward in diversifying gas sources, but it's also a significant contribution to the worldwide environmental transformation," the minister said.

source: repubblica.it