Page 1 - EurOil Week 11 2022
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Issue 632              17•March•2022                      Week 11






                    ™     ™Italian LNG revival


                            Italy has revived plans for the Porto Empedocle LNG import project as a means
                            of diversifying its gas supply.

                    ™     ™Brussels target 90% storage


                            The EU has an ambitious plan to have its storage facilities at 90% utilisation by
                            October 1.

                    ™     ™UK rules out windfall tax


                            UK Prime Minister Boris Johnson has ruled out imposing a windfall tax on
                            the oil industry, warning the move would result in higher energy prices.

                    ™     ™IOG axes Gazprom deal


                            UK junior IOG has scrapped a deal to sell North Sea gas to Gazprom, citing
                            events in Ukraine.
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