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      Global natural gas investments to reach almost $9 trillion by 2050

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      Türkiye's LPG production up 2.89% in October

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      Sri Lanka in talks with Moscow to build LNG terminal, modernize refinery to use Russian oil

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      LNG supply surplus in 2026 to pressure global gas prices, experts say

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      Oil production in Türkiye's eastern region breaks first record in 2024

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      US oil rig count down by 6 for week ending June 28

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      US oil rig count down by 9 for week ending April 11

      Oil giants' profits slide 15.1% to $182.1 billion in January-September

      Oil giants' profits slide 15.1% to $182.1 billion in January-September

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      Oil prices up on expectations of supply delay from OPEC+, recession fears in US

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      Türkiye expects 1st offshore wind tenders by end of year

      Türkiye expects 1st offshore wind tenders by end of year

      GWEC head sees Türkiye as future hub for global renewable supply chain

      GWEC head sees Türkiye as future hub for global renewable supply chain

      Energy transition technologies offer new opportunities for global energy systems, IRENA says

      Energy transition technologies offer new opportunities for global energy systems, IRENA says

      WindEurope appoints former Belgian Energy Minister Tinne Van der Straeten as CEO

      WindEurope appoints former Belgian Energy Minister Tinne Van der Straeten as CEO

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      Energy transition technologies offer new opportunities for global energy systems, IRENA says

      Energy transition technologies offer new opportunities for global energy systems, IRENA says

      Türkiye, UAE advance $1B deal for Nigde solar power plant

      Türkiye, UAE advance $1B deal for Nigde solar power plant

      QatarEnergy, Samsung C&T ink deal to build Dukhan solar power plant

      QatarEnergy, Samsung C&T ink deal to build Dukhan solar power plant

      Global solar set for record year after 64% growth in first half of 2025

      Global solar set for record year after 64% growth in first half of 2025

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      Syrian army moves towards Tishrin Dam southeast of Manbij

      Hydropower gains new momentum as pumped storage accelerates globally

      Hydropower gains new momentum as pumped storage accelerates globally

      India launches $77 billion hydropower plan in Brahmaputra river

      India launches $77 billion hydropower plan in Brahmaputra river

      Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

      Türkiye's Orta Asya Investment Holding's hydropower project in Kyrgyzstan to support regional energy transformation

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      Highlights of Türkiye's energy market in 2024

      Highlights of Türkiye's energy market in 2024

      Climate crisis to push 150M more Africans into poverty by 2050, experts warn

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      Taiwan starts drilling of 1st deep geothermal well

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      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

      Türkiye sets new record for daily power consumption with 1.34% increase on July 9

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      Energy transition technologies offer new opportunities for global energy systems, IRENA says

      WindEurope appoints former Belgian Energy Minister Tinne Van der Straeten as CEO

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      Slovenia, Dominican Republic voice confidence in Türkiye's hosting of COP31

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      Türkiye's mining exports poised to exceed $10 billion in 2026

      Türkiye's mining exports poised to exceed $10 billion in 2026

      Türkiye's energy import bill down 3.4% in October

      Türkiye's energy import bill down 3.4% in October

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      OPEC+ agrees to extend group-wide output cuts into 2025

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

      Libya Energy & Economic Summit 2024 to kick off in Tripoli

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      OPEC+ countries announce daily voluntary output cuts by 2.2 million barrels

      Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

      Brazil joins OPEC+ as group confirms 3.6 million barrels per day output cut

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      Spot market electricity prices for Sunday, Dec. 3

      Spot market electricity prices for Sunday, Dec. 3

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      ExxonMobil drills first lithium well in Arkansas in aim to become major player in EV sector

      Spot market electricity prices for Thursday, June 8

      Spot market electricity prices for Thursday, June 8

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

      High rollout of electric vehicles could earn UK drivers £6.5B more by 2035

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      Spot market natural gas prices for Friday, Dec. 1

      Spot market natural gas prices for Friday, Dec. 1

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      Turkey's daily power consumption down 0.77% on Oct. 23

      Russian Lukoil starts Chashkino gas-turbine power plant

      Russian Lukoil starts Chashkino gas-turbine power plant

      Gazprom posts 26% loss in 1H20

      Gazprom posts 26% loss in 1H20

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      Energy transition technologies offer new opportunities for global energy systems, IRENA says

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      Slovenia, Dominican Republic voice confidence in Türkiye's hosting of COP31

      Türkiye achieves strongest performance in wind energy in last 15 years

      Türkiye achieves strongest performance in wind energy in last 15 years

      IRENA kicks off Pre-Assembly Day ahead of 16th Assembly

      IRENA kicks off Pre-Assembly Day ahead of 16th Assembly

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      Türkiye's LPG production up 12.4% in March

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      Türkiye's LPG production down 4.3% in December 2024

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      Türkiye's LPG production down 25% in April 2024

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      Türkiye's LPG production up 15% in December 2023

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      EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

      EU gas imports to fall 25% by 2030 as bloc exceeds demand reduction targets

      Former Lithuanian FM warns Russia's shadow fleet threatens EU security

      Former Lithuanian FM warns Russia's shadow fleet threatens EU security

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen natural gas set to reach Türkiye on March 1

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

      Turkmen gas agreement boosts Türkiye's role in regional energy trade: Experts

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      US consul general says energy is key to $100B US-Türkiye trade goal

      Recognition of Palestine could unlock Gaza Marine gas resources: experts

      Recognition of Palestine could unlock Gaza Marine gas resources: experts

      ExxonMobil signs MoU with Libya’s NOC after decade-long hiatus

      ExxonMobil signs MoU with Libya’s NOC after decade-long hiatus

      Libya hosts investor meeting in Istanbul for major oil, gas bid round

      Libya hosts investor meeting in Istanbul for major oil, gas bid round

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      Energy transition technologies offer new opportunities for global energy systems, IRENA says

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      47 million Europeans struggle to heat homes amid unequal energy transition

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      Trump's victory shifts focus to US climate, trade policies

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      IMF estimates inflation to gradually decline to target, though emerging market economies to remain in ‘double-digit territory’

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      Türkiye plays key role in Europe's energy security through major gas transit projects

      Türkiye to launch 2 GW wind, solar tenders in Nov–Dec

      Türkiye to launch 2 GW wind, solar tenders in Nov–Dec

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      Recognition of Palestine could unlock Gaza Marine gas resources: experts

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      Turkish firm ALP24 expanding energy and mining projects across Africa

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Italy to sign gas deal with Algeria to reduce dependence on Russia

- Up to 10 billion cubic meters more could be delivered by Algiers, local media reports

home > Natural Gas, World, Europe 11.04.2022 16:03

Italy to sign gas deal with Algeria to reduce dependence on Russia

Italy’s Prime Minister Mario Draghi is visiting Algeria on Monday to sign a gas supply deal aimed at reducing his country’s energy dependence on Russia.

Last year, Italy imported more than 95% of its gas needs, including 29 billion cubic meters (bcm), or 38%, from Russia, its largest supplier. Algeria was its second-largest supplier, with 21.1 bcm of gas, or 28% of the total.

In Algiers, Draghi was expected to clinch an agreement to boost Algerian gas imports by up to 10 bcm, according to Il Messaggero newspaper and other Italian media reports.

The deal “will allow us to face any possible Russian blackmail on gas,” Foreign Minister Luigi Di Maio, who is accompanying Draghi, said on Sunday, as he announced that an agreement would be signed in Algiers.

Di Maio added that in the wake of the Ukraine war, which started more than six weeks ago, he has visited a number of energy-producing countries as part of efforts to diversify supplies.

“In the last month and a half I have been to Algeria, Qatar, Congo, Angola, Mozambique, Azerbaijan: all these countries said they are ready to increase supplies to Italy,” the minister said.

Ecological Transition Minister Roberto Cingolani and chief executive of ENI Claudio Descalzi, representing Italy’s biggest energy company, are also travelling with Draghi to Algiers.

Last week, Cingolani said Italy could get by “for three, four months” if Russian gas supplies to Europe were cut immediately, thanks to national reserves, but “the problem [would be] preparing for winter.”

European Union countries like Italy are adopting ever-stricter sanctions against Russia in response to Moscow’s war on Ukraine, but this means facing up to the possibility of no longer being able to rely on Moscow for energy.

Last week, the European Commission proposed for the first time extending Russia sanctions to the energy sector, with a ban on coal imports. A ban on gas and oil imports is currently not on the table, but could be an option in the future.

On Wednesday, Draghi warned Italians of possible personal sacrifices, saying they might have to alter their energy consumption habits if the diplomatic crisis with Russia escalates. “Do you prefer peace or the air conditioning on?” he asked rhetorically.

By Alvise Armellini

Anadolu Agency

energy@aa.com.tr


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- Global LNG market entering unprecedented expansion that will reshape gas trade from 2026
02.12.2025 Lng/Lpg

Spot market natural gas prices for Thursday, Nov. 27

- 1,000 cubic meters of natural gas on spot market costs 14,397.80 Turkish liras
01.12.2025 Natural Gas

Spot market natural gas prices for Wednesday, Nov. 26

- 1,000 cubic meters of natural gas on spot market costs 14,455.02 Turkish liras
28.11.2025 Natural Gas

Spot market natural gas prices for Tuesday, Nov. 25

- 1,000 cubic meters of natural gas on spot market costs 14,573.02 Turkish liras
26.11.2025 Natural Gas

Spot market natural gas prices for Monday, Nov. 24

- 1,000 cubic meters of natural gas on spot market costs 14,373.73 Turkish liras
25.11.2025 Natural Gas

Spot market natural gas prices for Sunday, Nov. 23

- 1,000 cubic meters of natural gas on spot market costs 14,424.66 Turkish liras
24.11.2025 Natural Gas

Spot market natural gas prices for Saturday, Nov. 22

- 1,000 cubic meters of natural gas on spot market costs 14,455.77 Turkish liras
23.11.2025 Natural Gas

Spot market natural gas prices for Friday, Nov. 21

- 1,000 cubic meters of natural gas on spot market costs 14,498.30 Turkish liras
22.11.2025 Natural Gas

Spot market natural gas prices for Thursday, Nov. 20

- 1,000 cubic meters of natural gas on spot market costs 14,556.03 Turkish liras
21.11.2025 Natural Gas

Spot market natural gas prices for Wednesday, Nov. 19

- 1,000 cubic meters of natural gas on spot market costs 14,314.76 Turkish liras
20.11.2025 Natural Gas

Spot market natural gas prices for Tuesday, Nov. 18

- 1,000 cubic meters of natural gas on spot market costs 14,371.16 Turkish liras
19.11.2025 Natural Gas

Spot market natural gas prices for Monday, Nov. 17

- 1,000 cubic meters of natural gas on spot market costs 14,466.07 Turkish liras
19.11.2025 Natural Gas

LNG capacity boost drives 4.8% growth in global exports in Jan-Sept

- While LNG imports declined in Asia, they increased in Europe, the Middle East, and North Africa
20.11.2025 Natural Gas

Spot market natural gas prices for Sunday, Nov. 16

- 1,000 cubic meters of natural gas on spot market costs 14,554.28 Turkish liras
17.11.2025 Natural Gas

India signs gas deal with US amid tensions over tariffs

- One of 'largest and the world’s fastest growing LPG market opens up to the US,' says Indian minister
18.11.2025 Natural Gas

Zelenskyy says Ukraine agrees with Greece on gas imports

- Ukraine’s president says deal to establish another gas supply route to secure gas imports for winter
19.11.2025 Natural Gas , Energy Diplomacy

Spot market natural gas prices for Saturday, Nov. 15

- 1,000 cubic meters of natural gas on spot market costs 14,607.87 Turkish liras
16.11.2025 Natural Gas

Türkiye's LPG production up 27.2% in September

- LPG imports increase by 16.4%, and exports rise by 90.3% in September, latest industry report reveals
17.11.2025 Lng/Lpg

Türkiye's gas imports up 6.7% in September

- Russia is Türkiye's largest natural gas supplier, providing 1.45 billion cubic meters, with Azerbaijan and Iran supplying 958 million cubic meters and 840 million cubic meters, respectively
17.11.2025 Natural Gas

Spot market natural gas prices for Friday, Nov. 14

- 1,000 cubic meters of natural gas on spot market costs 14,557.59 Turkish liras
15.11.2025 Natural Gas

Spot market natural gas prices for Thursday, Nov. 13

- 1,000 cubic meters of natural gas on spot market costs 14,739.34 Turkish liras
14.11.2025 Natural Gas

Spot market natural gas prices for Wednesday, Nov. 12

- 1,000 cubic meters of natural gas on spot market costs 14,659.70 Turkish liras
13.11.2025 Natural Gas

EU imports of liquefied natural gas from Russia reach record levels amid overall gas decline

- Bloc aims to end all energy imports from Moscow by 2028
13.11.2025 Lng/Lpg

Spot market natural gas prices for Tuesday, Nov. 11

- 1,000 cubic meters of natural gas on spot market costs 14,402.21 Turkish liras
12.11.2025 Natural Gas

Spot market natural gas prices for Monday, Nov. 10

- 1,000 cubic meters of natural gas on spot market costs 14,300.15 Turkish liras
11.11.2025 Natural Gas

Spot market natural gas prices for Sunday, Nov. 9

- 1,000 cubic meters of natural gas on spot market costs 14,360.14 Turkish liras
10.11.2025 Natural Gas

Spot market natural gas prices for Saturday, Nov. 8

- 1,000 cubic meters of natural gas on spot market costs 14,408.08 Turkish liras
09.11.2025 Natural Gas
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Italy to sign gas deal with Algeria to reduce dependence on Russia

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