Italy is facing an "extremely delicate moment" but remains unfased by a recent cut in gas exports from Russia, foreign minister Luigi Di Maio said on Thursday, underlining the need for a European gas price cap.
"Our country is experiencing an extremely delicate moment. Moscow is reducing gas flows to Europe. Luckily, thanks to the energy diplomacy in which we continue to engage, we can handle this moment, but we need a gas price cap, which we have asked Europe for."
Di Maio's comments came after Russia's Gazprom cut its gas exports to Italy by around 15% on Wednesday from the previous day, Italian major ENI announced.
Gazprom gave no immediate explanation for the reduction, which is widely seen as retaliation for Italy's opposition to the war in Ukraine and its support for stinging European Union sanctions against Russia.
The Russian group is also curbing its gas supplies to Germany via the Nord Stream 1 undersea pipeline, claiming that Western sanctions are impeding repair works it needs to do on the network
Like other EU countries, Italy currently imports around 40% of its gas from Russia and since the invasion of Ukraine has raced to diversify its gas supply and cut its dependence on Russian imports.