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No cause for concern over Italy gas stocks says Guidi

'We diversified our sources' says industry minister

Redazione Ansa

(supersedes previous)(ANSA) - Rome, November 25 - There is no cause for concern over Italy's gas stocks, Industry Minister Federica Guidi said Wednesday after Russian energy giant Gazprom announced it will stop supplying Ukraine. There are no variations in the flow of Russian gas to Italy to date and "imports from other points remain unchanged", she said.
    Italian gas stocks were topped up during the summer and they only started coming on tap "a short while ago", Guidi said.
    "Today we are 90% full," she said. Guidi also said supplies were highly diversified and did not depend heavily on gas from Russia. Sources include domestic gas, pipelines from Algeria, northern Europe, and Libya, and three regasification terminals that are currently working below capacity.
    Regasification is a process of converting liquefied natural gas back to natural gas at atmospheric temperature.
    Guidi said those terminals are set to produce an additional 30 million cubic meters of gas in case demand peaks this winter.
   

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