• $
  • £

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
Kapital Bank retains its status as the largest taxpayer in the non-oil sector
Business 15:38
Kapital Bank retains its status as the largest taxpayer in the non-oil sector
TəhsilPlus card by Kapital Bank, offering unique opportunities for education professionals, presented to its first holders
Business 14:30
TəhsilPlus card by Kapital Bank, offering unique opportunities for education professionals, presented to its first holders
Main index indicators of world stock markets
Business 12:00
Main index indicators of world stock markets
Brent, WTI crude oil prices decline on global markets
Business 10:30
Brent, WTI crude oil prices decline on global markets
Bitcoin price drops below $71,000
Business 10:00
Bitcoin price drops below $71,000
Looking for a favorable loan?
Business 11:34
Looking for a favorable loan?
Brent crude price surpasses $84 on global markets
Business 10:00
Brent crude price surpasses $84 on global markets
Gold and silver prices rise in commodity markets
Business 09:30
Gold and silver prices rise in commodity markets
8% interest for March 8: a special offer for women entrepreneurs!
Business 15:00
8% interest for March 8: a special offer for women entrepreneurs!
Anews TV

Our official Youtube channel

Subscribe