Eni sees Mediterranean gas potential for Europe

(AGI) Brussels, Sept 15 - There is a 'great potential' for gasin the Mediterranean basin countries which is not beingutilised. For northern Europeans to benefit from it, Europemust build the long-discussed interconnections, Eni's CEO,Claudio Descalzi, explained at a meeting organised by theDemocratic Party MP of the European Parliament, PierantonioPanzeri. Currently, as Descalzi pointed out, Europe is cut inhalf and the flow streams only from north to south, so Italyand Spain consume only a portion of what they receive. Descalziadded that when speaking about energy security and gas prices,the prerequisite is

(AGI) Brussels, Sept 15 - There is a 'great potential' for gasin the Mediterranean basin countries which is not beingutilised. For northern Europeans to benefit from it, Europemust build the long-discussed interconnections, Eni's CEO,Claudio Descalzi, explained at a meeting organised by theDemocratic Party MP of the European Parliament, PierantonioPanzeri. Currently, as Descalzi pointed out, Europe is cut inhalf and the flow streams only from north to south, so Italyand Spain consume only a portion of what they receive. Descalziadded that when speaking about energy security and gas prices,the prerequisite is interconnecting all the existing gaspipelines, and that it should not be a matter of just talkingabout it only.. .