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Italy's ENI to tap North African gas for Europe

Europe’s race to reduce its energy dependence on Russia has put the spotlight on Algeria, Egypt and Libya, but their capacity to boost exports in the short term is limited and any significant increase would require large investments and stability.
refinery of Italian multinational oil and gas company ENI

As Europe takes action to reduce imports of Russian gas following the invasion of Ukraine, the search is on for alternative suppliers. North Africa is one of the most promising regions of interest.

The region is ostensibly well positioned to take on at least part of the task. In addition to its geographic proximity, it offers close commercial ties with Europe, gas pipelines already in place, significant gas reserves and existing infrastructure such as gas liquefaction plants and export terminals.

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