Eni’s CEO Claudio Descalzi and the European Commissioner for Energy and Climate Action, Miguel Arias Cañete, met on Wednesday in Rome where they discussed the status of the negotiations preceding the COP21 climate summit.
Descalzi reiterated the request for a global carbon pricing mechanism to address concerns related to the increased use of coal in power generation and to ensure a level playing field between the EU and other major industrialised countries, Eni said in a statement.
Descalzi and Cañete also underlined that Eni’s giant gas discovery offshore Egypt, along with other important discoveries made in recent years offshore Israel and Cyprus, will allow the East Mediterranean gas hub to contribute significantly to European energy security, enhance the liquidity of the gas market and improve the competitiveness of gas vis-à-vis coal.
In this context, Descalzi and Mr Cañete stressed the need to fully interconnect the European gas market in order to make best use of alternative future supplies, the statement added.