BRIEF-Eni CEO warns Europe could face high gas prices in January

- Eni ENI.MI CEO Claudio Descalzi tells a parliamentary committee:

  • RISK ATTACHED TO MIDDLE EAST'S ENERGY FLOWS WILL BE HIGHER THAN BEFORE EVEN WHEN PEACE IS ESTABLISHED

  • EUROPE COULD HAVE A PROBLEM OF HIGH GAS PRICES IN JANUARY 2027 DUE TO STOP TO RUSSIAN GAS, LOW STORAGE LEVELS

  • HORMUZ CRISIS IS SHIFTING INVESTMENT FOCUS FOR OIL, GAS INDUSTRY TOWARDS EAST ASIA AND LATIN AMERICA


Further company coverage: ENI.MI