philat98

Italy is arguing with Russia over payments for gas. Italy gets 40% of gas from Russia so a cut will have quite an impact both on supply and prices. Fortunately we are over the cold weather.

scrubbedexpat121

Italy has gas reserves of over a year, i think its time to source alternate supplies

Geordieborn

The pandemic showed they can do amazing things when under pressure. Time to really put all of our efforts into alternative power.

philat98

Italy has signed new gas supply agreements with Quatar, Libya and Algheria as well as dusting off its coal power stations. I should imagine changing things around takes quite a bit of time. According to the Corriere della Sere there will probably be both gas and electric power cuts to Italian consumers if Putin pulls the plug.

Capo Boi

‘Italy has gas reserves of over a year’

This is a bit meaningless in the current situation.

It is gas storage that counts. Reserves are gas in the geological structure that can be assessed at some time in the future and almost certainly will take many years to access. Storage is how much gas is readily available. This number is obviously very sensitive but 15 days in winter and a month in summer would probably see off storage supplies if there are no new imports to maintain. The reality is that Italy is a huge importer of natural gas although this has been declining for a number of years as other energy sources come into play but is still a very significant part of total energy supply.