Italy Steps Up Push to Cut Russian Gas With Egypt Agreement
- Eni signs framework agreement to boost gas supplies from Egypt
- Mario Draghi’s set to visit Angola and Rep. Congo this month
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Eni SpA signed a framework agreement to boost flows of liquefied natural gas from Egypt to Italy, as European nations step up efforts to wean themselves off Russian energy in the wake of Moscow’s attack on Ukraine.
“The agreement aims to promote Egyptian gas exports to Europe, and specifically to Italy,” Rome-based Eni said on Wednesday.