Italy can cope without Russian gas, explores alternatives-Draghi

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Reuters UK

ROME (Reuters) -Italy would be able to weather a complete breakdown in gas supplies from Russia in the short-term but that would make following winters more difficult, Prime Minister Mario Draghi said on Tuesday. Even if Russia cut supplies next week, gas storage levels and alternative import flows would suffice to cover peak demand, especially with milder weather lowering demand, Draghi said in parliament. “However in the absence of Russian supplies the situation for coming winters and even the more immediate future, risks being more complex,” the prime minister said. Italy is working to incr…

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