Italy will continue its efforts to lower its dependency on Russian oil and gas as a response to the invasion of Ukraine despite concerns about rising fuel costs, said Luigi Di Maio Italian Foreign Minister, APA reports citing CNN.
"The cost of energy is our first worry at the moment," but Italy "is not going to put up any veto to these sanctions that affects energy," Di Maio said Wednesday.
"There are businesses, for example, that are paying 400% more for electric energy. At this moment in time, we have to stop that speculation which is happening by putting a ceiling on energy prices," Di Maio told CNN. "We are trying to get that through the EU and if we can do that through the European energy stock exchange, we will be able to at least stabilize the increase in prices for families. We are going to certainly put that forward before the next European Council."
Di Maio's comments come after Italian Prime Minister Mario Draghi announced Monday that an initial deal had been struck to increase energy imports from Algeria after a meeting with the country’s President Abdelmadjid Tebboune in Algeria.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
