EU Should Reconsider Its Plans to Ban Imports of Russian Gas, Eni CEO Says
Published by Global Banking & Finance Review®
Posted on April 13, 2026
1 min readLast updated: April 13, 2026
Add as preferred source on GooglePublished by Global Banking & Finance Review®
Posted on April 13, 2026
1 min readLast updated: April 13, 2026
Add as preferred source on GoogleEni CEO Claudio Descalzi urges the EU to reconsider its 2027 ban on Russian gas imports, cautioning that replacing approximately 20 bcm of Russian gas will be challenging for power generation flexibility, particularly amid heightened geopolitical instability triggered by the Iran conflict.
MILAN, April 13 (Reuters) - The European Union should reconsider its plans to progressively ban imports of Russian gas from the start of 2027, Claudio Descalzi, the CEO of Italian energy group Eni said.
In an address to an event organised by the co-ruling League party on Sunday, Descalzi was quoted by Italian news agencies as saying it was unclear how the bloc could replace 20 billion cubic metres of gas from Russia, which provides vital flexibility to the output of power stations.
Russia is facing a European ban on Russian LNG imports on short-term contracts from April 25 and on long-term contracts from January 1, 2027.
Descalzi said that in terms of the disruption of energy supplies, the conflict in Iran is "the most important event of the last 40 years."
(writing by Cristina Carlevaro, editing by Alvise Armellini)
Claudio Descalzi warns it's unclear how the EU would replace 20 billion cubic metres of Russian gas, which is vital for power station flexibility.
The EU plans to progressively ban Russian gas from 2027, with an earlier ban on LNG imports via short-term contracts starting April 25.
The European Union imports approximately 20 billion cubic metres of gas from Russia.
Descalzi called the conflict in Iran 'the most important event of the last 40 years' for energy supply disruption.
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