Descalzi: “Government support is good but the solution is to increase gas volumes”

“High bills also the result of years of low investments”

What “the fight against climate change involves with sacrifices is a very difficult path” especially when you are suffering from high prices “but these high energy bills” come from a mix of situations, linked to 7 years of low investments, therefore there is no supply, gas and oil, and the demand is still that “. This was underlined by Eni’s CEO, Claudio Descalzi, on the sidelines of the presentation of the World Energy Outlook, recognizing as “the only way” to alleviate the inconvenience “at the moment is what the Government is doing several times, giving help to the weaker component of society, to be able to move forward “.

But if it is “clear that the contributions and aids are very useful” for Eni’s CEO “we must think that the only way to resolve this situation is to increase the volumes of gas arriving because if the supply increases, the value demand falls “.

However, “I do not think we will be able to reach the levels of investment as before” admits Descalzi, suggesting the need “to accelerate in all future carriers, such as hydrogen, decarbonise energy-intensive activities or give carriers that are less contaminated. But this must be done by those who invest, however, with the political and legislative component that makes rules to facilitate those investments that on the one hand can lead to decarbonisation and on the other reduce costs “.