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Al Mayadeen's correspondent: Two were martyred in an initial toll of the Israeli drone strike that targeted the al-Asira neighborhood in the city of Baalbek, eastern Lebanon
Al Mayadeen's correspondent: An Israeli drone strike targeted the al-Asira neighborhood east of Baalbek, eastern Lebanon
Sheikh Naim Qassem to the pager attack survivors: You are the greatest resistance. Know that 'Israel' will fall because it embodies aggression, crime, and occupation; victory is truly yours
Sheikh Qassem to the pager attack survivors: The value of what you are doing despite your wounds is immense, and here you are, treading the path of the Master of Nation's Martyrs and the leaders
Sheikh Qassem to the pager attack survivors: You are moving forward with insight deeper than sight itself. The enemy sought to eliminate your role in the battle, yet you remain steadfast and continue the fight
Hezbollah Secretary-General Sheikh Naim Qassem to the pager attack survivors one year later: You are healing from your wounds and rising above them. You have successfully passed the test
Palestinian media: Reports of stabbing operation in occupied al-Quds.
Israeli media: Sirens blare in Arava in South, near Ramon Airport.
Egyptian PM Mostafa Madbouli: Egypt is targeted in plans to redraw regional map
AEOI Chief Mohammad Eslami: Our presence in IAEA General Council and fact-checking helped in preventing unilateral rhetoric that aims to portray Iran as an unregulated country

Italy's oil giant ENI ready to pay guarantee to unblock Russian gas

  • By Al Mayadeen English
  • Source: Agencies
  • 3 Oct 2022 17:31
2 Min Read

Eni expresses its readiness to provide a 20-million-euro guarantee to restart deliveries of Russian gas through Austria.

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  • Italian oil and gas giant Eni
    Italian oil and gas giant Eni

Italian oil and gas giant Eni pointed out Monday that it is ready to provide a 20-million-euro guarantee to restart deliveries of Russian gas through Austria, after a stoppage blamed on regulatory changes.

Eni's CEO Claudio Descalzi claimed that the gas delivery was suspended Saturday because Russia's Gazprom failed to provide a newly-imposed guarantee to the carrier transporting it from Austria to Italy.

"We are seeing if we take over" and provide the 20 million euros, Descalzi mentioned, adding that he hoped that "the problem can be resolved this week."

"The stoppage is absolutely not due to geopolitical reasons," Descalzi indicated on the sidelines of a Rome conference.

Speaking about Gazprom, Eni's CEO said that "it is difficult to imagine that a company that wants to pay in rubles can provide guarantees in euros."

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Gazprom completely suspended gas deliveries to Eni on Saturday, citing the "impossibility of gas transport through Austria" due to a new regulation that came into force on October 1.

Most of the Russian gas delivered to Italy passes via Ukraine through the Trans Austria Gas Pipeline (TAG), to Tarvisio in northern Italy on the border with Austria.

Before Saturday's suspension, Italy received some 20 million cubic meters of Russian gas per day -- or "about nine to 10 percent" of its gas imports, Descalzi clarified. That compares to 40% before the start of the war in Ukraine.

Outgoing Prime Minister Mario Draghi has signed new deals with other gas producers to reduce Italy's reliance on Russia and has been racing to fill up the country's gas stores before winter.

Italy has already hit its target of filling its stores to 90% and is "in the process of increasing it," Ecological Transition Minister Roberto Cingolani mentioned Sunday.

Read more: Three mines had 800mln cubic meters of gas amid Nord Stream incident

  • Europe
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  • Italy
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  • Gazprom
Russia & NATO

Russia & NATO

As the Draconian Western-led sanctions on Russia exacerbate the economic crisis worldwide, and as Russian troops gain more ground despite the influx of military aid into Ukraine, exposing US direct involvement in bio-labs spread across Eastern Europe and the insurgence of neo-Nazi groups… How will things unfold?

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UKLFI’s latest faux pas, like "Israel’s" recent failed attempt at regime change in Iran, is unambiguously indicative of a flailing entity on the verge of extinction. (Al Mayadeen English; Illustrated by Zeinab el-Hajj)

Zionist lawfare operation facing collapse?

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