Spanish:

Bolivia


Venezuela

Trinidad
&
Caribbean








Very usefull links




 

 


Gas crisis forces Italy to raid gas reserves




AFP
ROME
Petroleumworld.com 02 15 06


Italy will dip into national gas reserves Wednesday owing to cold weather and a shortfall in deliveries of gas from Russia, Ansa news agency said, quoting industry sources.

Italy, which is heavily dependent on foreign sources of energy and imports about 35.0 percent of its natural gas from Russia, has suffered repeated shortages in Russian gas deliveries during the past month.

In a radio interview, energy regulator Alessandro Ortis said Tuesday the government was studying further measures to compensate for diminished Russian imports, adding that in any case priority would be given to supplying households.

The drop in delivieries has coincided with unseasonable cold weather across Italy which pushed up demand for gas and electrical heating.

The energy group Eni estimated daily shortfall at nine million cubic meters (315 million cubic feet), just over 12 percent of total orders of 74 million.

The difference represents 2.4 percent of daily consumption in Italy, where demand shot up by 22.2 percent on Tuesday as a cold wave swept the country.
Of a total 85.0 billion cubic meters of gas consumed in 2005, Italy produced 12 billion and imported the rest.

According to Italian media, national strategic reserves of natural gas amount to about 5.1 billion cubic meters.

In January, Italian authorities lowered the temperature in official buildings by one degree Celsius and cut heating by an hour per day, and encouraged the public to do likewise.

They have now planned additional measures, such as a temporary suspension of electricity exports from gas-powered generators or halts in gas deliveries to major national consumers, which could occur without further notice.

AFP 02/14/06

Copyright © 2006 AFP. All rights reserved

 

 


Send this story to a friend

Your feedback is important to us!

We invite all our readers to share with us
their views and comments about this article.

Write to editor@petroleumworld.com

Any question or suggestions, please write to:
editor@petroleumworld.com





Best Viewed with IE 5.01+
Windows NT 4.0, '95, '98 and ME +/ 800x600 pixels

 


Contact:
editor@petroleumworld.com/phones:(58 412) 996 3730 or 952 5301
www.petroleumworld.com-Editor:Elio Ohep /
Publisher-Producer:Elio Ohep.
Contact Email:
editor@petroleumworld.com
Legal Information. CopyRight © 2002, Elio Ohep.- All rights reserved

This site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.