NATURAL GAS: Eni Does Not Expect Any "Big Shocks" on the Energy Markets in 2023

Eni CEO Claudio Descalzi does not expect any "big shocks" on the energy markets this year.

• "European gas storages are full and, although the global economy has restarted, demand is not at its highest because China has not yet resumed full operations," Descalzi said to La Stampa newspaper.
• "Above all, in these months we have managed to diversify supplies, eliminating dependencies that are dangerous for the stability of supplies and prices," he added.
• LNG imports from the US and new contracts with African countries have helped replace the lost Russian gas supplies.