Italy and Angola have signed an energy co-operation agreement as European countries seek to reduce dependence on Russian gas.
The deal aims to “increase the export of Angolan gas and reduce the dependence of the European country on the Russian gas supply”, privately owned Angola24Horas says.
It was signed by Angolan Mineral Resources Minister Diamantino Azevedo and Italy's Ecological Transition Minister Roberto Cingolani in Luanda, Angola's capital.
Italian multinational Eni is a major player in the Angolan oil and gas sector.
On Monday, Italy's Prime Minister Mario Draghi struck an agreement with Algeria to buy more of its gas in a further sign of Italy's attempts to reduce dependence on Russia.
Italy gets about 40% of its gas from Russia.
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
Ebo Whyte offers fully-funded trip as he unveils new play ‘Dubai or No Sex’
9 mins -
Ancient culture of Anlo Kingdom: Exploring “Torkor Atorlia,” the fifth landing stage’s old ways of punishment
24 mins -
Leaders from Saudi Arabia, Turkey, Botswana, Cameroon and Sierra Leone to lead discussions at Africa Finance Corporation’s (AFC) 4th Country & Stakeholder Symposium
55 mins -
Network International Delivers Strong 2023 Revenue growth at 15% y/y and free cashflow growth of 16% y/y
55 mins -
President Akufo-Addo extends Easter Greetings to Ghanaians, urges safe drive
1 hour -
Government pushes for use of more local materials in housing, other infrastructure projects
2 hours -
Dr Bawumia extends Easter greetings to Christians
2 hours -
CAF Confederation Cup: ‘Ghanaians should expect victory against Stade Malien’ – Dreams FC forward Ishmael Dede
2 hours -
CAF Confederation Cup: ‘We want to go there and win’ – Karim Zito on Stade Malian clash
3 hours -
Togbe Adzie Lãkle Howusu XII endorses youth leadership as New Force Movement gains momentum
3 hours -
Public Utility Workers Union appeals to PURC to address power crisis
4 hours -
Anbariya loses another appeal in Kumasi as Appeal Court ratifies High Court ruling against the Islamic Institute
4 hours -
Highway construction health hazard: Ofankor-Pokuase-Nsawam residents appeal for dust relief
4 hours -
SuperJazzClub releases its first single of the year ‘Off’
4 hours -
Methodist Church to lobby Akufo-Addo for expedited assent to anti-LGBTQI+ Bill
4 hours