(IN BRIEF) Eni, an Italian multinational energy company, has entered into an agreement with Swiss firm Open Energy Platform AG (Open EP) to ensure the uninterrupted supply of gas to Switzerland and Italy, particularly in situations involving interruptions or significant flow reductions from Germany. This collaborative effort seeks to optimize the utilization of the Swiss Transitgas transport infrastructure for the seamless transit of gas from France through Switzerland to Italy, thereby enhancing Switzerland’s energy security. The agreement, effective from December 2, 2023, until September 30, 2024, also entails that Swiss authorities will refrain from imposing any restrictive measures on Eni’s gas transportation rights through Switzerland during this period. Eni’s strategic move aligns with its commitment to fortify gas supplies in response to the ongoing energy crisis, underscoring the significance of gas as a dependable energy source supporting the global energy transition.
(PRESS RELEASE) SAN DONATO MILANESE (MILAN), November 29, 2023 — /EuropaWire/ — Eni and the Swiss company Open Energy Platform AG (Open EP) have signed an agreement to guarantee the supply of fuel to Switzerland and Italy due to significant interruptions or discounts in s from Germany.
The agreement promotes the efficient use of Swiss Transitfuel’s transport infrastructure for fuel flows from France to Italy via Switzerland in order to ensure the security of Swiss supply.
The initiative is part of the commitment to cooperation between Italy and Switzerland, stipulated in the Joint Declaration on Energy Security between the Italian Ministry of Environment and Energy Security and the Swiss Federal Disarmament for the Environment, Transport, Energy and Communications, signed on 6 July. . 2023.
The agreement will enter into force from December 2, 2023 to September 30, 2024. During this period, the Swiss government will adopt restrictive measures on Eni’s rights to ship fuel through Switzerland.
Eni continues to advance its strategy of consolidating combustible materials in reaction to the energy crisis caused by the existing difficult external situation, confirming the price of fuel as the most reliable source for the energy transition.
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SOURCE: Eni S. p. A.
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