Italy Ready to Treat Injured People from Gaza

November 3, 2023

The Italian government expressed its readiness today, Friday, to receive the injured Palestinians who have left the Gaza Strip via ...

Italian Opposition Demands Clarity on Gaza Ceasefire Stance

October 31, 2023

In the heart of Italy’s political realm, a storm brews over the nation’s stance on the recent United Nations resolution ...

Saudi Arabia & Italy to Establish Tire Manufacturing Plant

October 26, 2023

Saudi Arabia's Public Investment Fund (PIF) has announced a joint venture agreement with Italy-based tire company Pirelli to establish a ...

Italy Calls for De-escalation in Middle East

October 23, 2023

Italy's President Sergio Mattarella has called for the necessity of avoiding an escalation of violence in the Middle East and ...

Qatar Energy has signed a 27-year agreement with Italy's Eni to supply liquefied natural gas (LNG) to Italy, marking the third such deal with a European nation this month. In a statement, the state-owned company announced, "Two subsidiaries of Qatar Energy and Eni have signed a long-term sale and purchase agreement to supply up to one million tons of LNG from Qatar to Italy, starting in 2026 and spanning 27 years." The company had previously signed similar agreements with Total Energies of France and Shell of the Netherlands. Following the Ukraine crisis last year, European countries have sought to diversify their sources of natural gas, reducing their reliance on Russian supplies. Commenting on the new agreement, Qatar's Minister of State for Energy Affairs, Saad bin Sherida Al-Kaabi, stated, "Today, we take a new step in reinforcing our relationship with Eni, which will enhance our cooperation for many years to come." He added, "We will continue to work together to reaffirm our commitment to the European markets in general, and the Italian market in particular." This agreement with Eni follows a series of long-term agreements with European companies for the supply of LNG from Qatar. Qatar Energy stated that the LNG will be delivered to FSRU (Floating Storage and Regasification Unit) Italy, located at the Italian port of Piombino. Regasification stations are facilities that convert LNG back into natural gas suitable for direct consumption. Last week, Qatar announced a 27-year deal with British company Shell, and earlier, a similar agreement with French energy giant Total Energies. As part of the expansion of Qatar's North Field, the world's largest natural gas field, Qatar is expected to increase its production of LNG by sixty percent or more, reaching 126 million tons annually by 2027. Traditionally, Qatar's primary gas market has been in Asia, with countries such as China, Japan, and South Korea. Qatar is one of the leading global producers of LNG, alongside the United States, Australia, and Russia. Qatar Energy estimates that the North Field holds ten percent of the world's known natural gas reserves. Eni holds a 3.125 percent stake in the North East expansion project, which, along with the North South expansion project, will increase Qatar's liquefaction capacity from 77 million tons annually to 126 million tons annually by 2027.

ENI & Qatar Secure 27-Year Gas Supply Agreement

October 23, 2023

Qatar Energy has signed a 27-year agreement with Italy's Eni to supply liquefied natural gas (LNG) to Italy, marking the ...

Tunisia & Italy Discuss Cooperation to Face Illegal Migration

October 21, 2023

Italy and Tunisia have disclosed details of a memorandum understanding regarding legal migration from Tunisia for seasonal work in Italy. ...

Tunisia & Italy Sign Migration Agreement

October 20, 2023

In an effort to streamline migration between Tunisia and Italy, the two nations ratified a Memorandum of Understanding (MoU) concerning ...

Tunisia & Italy Discuss Migration Crisis

October 20, 2023

Tunisian President Qais Saied met Italy's Deputy Prime Minister and Foreign Minister, Antonio Tajani, who emphasized the strategic friendship ties ...

100 Migrants Arrive at Italy’s “Lampedusa” Island

October 17, 2023

Amid the ongoing migrant crisis that has gripped Europe in recent years, Italy's Lampedusa Island, located in Sicily, once again ...

Egypt & Italy Hold Discussions

October 11, 2023

Egypt and Italy engaged in extensive bilateral discussions in Cairo, led by the Foreign Ministers Sameh Shoukry and Antonio Tajani, ...

Tag: Italy