• $
  • £

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
Azerbaijan’s pension disbursements rise 10% to 4.57 bln manats in Jan-Jul 2026
Business 16:00
Azerbaijan’s pension disbursements rise 10% to 4.57 bln manats in Jan-Jul 2026
Azerbaijan Railways updates Baku–Gabala–Baku train schedule effective September 19
Business 15:30
Azerbaijan Railways updates Baku–Gabala–Baku train schedule effective September 19
Bitcoin breaks above $63,000 as markets scale back Fed rate hike bets — Reuters
Business 13:00
Bitcoin breaks above $63,000 as markets scale back Fed rate hike bets — Reuters
Azerbaijan central bank sets official exchange rates for Aug 17
Business 12:00
Azerbaijan central bank sets official exchange rates for Aug 17
Oil prices rise as U.S.-Iran talks stall, Hormuz traffic slows
Business 11:30
Oil prices rise as U.S.-Iran talks stall, Hormuz traffic slows
Gold advances as US dollar softens, silver climbs over 1% — Reuters
Business 11:00
Gold advances as US dollar softens, silver climbs over 1% — Reuters
Where does SOCAR earn more: Azerbaijan or abroad?
Business 10:30
Where does SOCAR earn more: Azerbaijan or abroad?
Armenian citizens may be barred from Istanbul's Armenian schools, report says
Business 15:00
Armenian citizens may be barred from Istanbul's Armenian schools, report says
Central Bank of Azerbaijan sets official foreign exchange rates
Business 13:00
Central Bank of Azerbaijan sets official foreign exchange rates
Anews TV

Our official Youtube channel

Subscribe