Houston — Eni CEO Claudio Descalzi said on Tuesday that the natural gas market will be “more difficult” for Europe this winter through 2025 due to a lack of supply from Russia.
“This next year, and also in 2024 and 2025, will be more difficult because last year until July we relied on about 80% of the Russian gas,” he told the CERAWeek conference in Houston.
“Now there’s no Russian gas at all.”
Writing by Richard Valdmanis – Reuters
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