• $
  • £

Media: Energy crisis caused by Ukraine war drew Italy's attention to Azerbaijan

Media: Energy crisis caused by Ukraine war drew Italy's attention to Azerbaijan
31.03.2023 10:30
The energy crisis caused by the war in Ukraine has prompted Italy to focus on importing liquefied natural gas from Norway, Azerbaijan, and Algeria and then turning it into usable gas.

Snam company is responsible for the natural gas transformation process. The company bought the Golar Tundra tanker for 330 million euros, which will re-inject liquefied gas into the tanks of the gasification terminal upon the approval of the government.

The vessel, which left the Keppel shipyard in Singapore on February 21 last year, headed to the port of Piombino. Its annual regasification capacity will be about five billion cubic meters of gas.

The project will help to overcome the energy crisis and free Italy from the monopoly of Russian supplies.





www.anews.az
Similar news
Similar news
Iran Air to expand Tehran-Baku flight services
Business 18:00
Iran Air to expand Tehran-Baku flight services
Azerbaijan discusses new areas of cooperation with BP
Business 17:30
Azerbaijan discusses new areas of cooperation with BP
Turkmenistan to commission second cargo vessel by year-end
Business 17:00
Turkmenistan to commission second cargo vessel by year-end
Industrial production in Azerbaijan rises slightly
Business 16:30
Industrial production in Azerbaijan rises slightly
Azerbaijan’s average annual inflation reaches 5.6%
Business 16:00
Azerbaijan’s average annual inflation reaches 5.6%
Azerbaijan’s external public debt falls nearly 8%
Business 15:26
Azerbaijan’s external public debt falls nearly 8%
Fitch outlines timeline for Islamic banking launch in Azerbaijan
Business 14:30
Fitch outlines timeline for Islamic banking launch in Azerbaijan
Turkmenistan sends first domestically-built cargo vessel to Baku
Business 13:30
Turkmenistan sends first domestically-built cargo vessel to Baku
Yelo Bank partners for the first "Annual Risk & Resilience Conference"
Business 13:00
Yelo Bank partners for the first "Annual Risk & Resilience Conference"
Anews TV

Our official Youtube channel

Subscribe