Commodities April 13, 2026 06:20 AM

Eni Chief Says EU Should Revisit Plan to Phase Out Russian Gas

Company CEO questions how bloc will replace 20 billion cubic meters crucial for power station flexibility

By Caleb Monroe
Eni Chief Says EU Should Revisit Plan to Phase Out Russian Gas

Claudio Descalzi, CEO of Italian energy company Eni, urged the European Union to rethink its scheduled progressive ban on Russian gas imports beginning in 2027, citing concerns about replacing 20 billion cubic meters that provide operational flexibility to power plants. He spoke at an event organized by the co-ruling League party and described the conflict in Iran as the most significant energy disruption in four decades.

Key Points

  • Eni CEO Claudio Descalzi called on the EU to reconsider a progressive ban on Russian gas imports due to concerns about replacing crucial volumes.
  • Descalzi highlighted the challenge of substituting 20 billion cubic meters of Russian gas that provides flexibility to power station output.
  • The EU plans a ban on Russian LNG imports under short-term contracts from April 25 and under long-term contracts from January 1, 2027.

Overview

Claudio Descalzi, chief executive of Italy's Eni, said the European Union should reconsider its plan to progressively ban imports of Russian gas starting in 2027. Addressing attendees at an event organized by the co-ruling League party on Sunday, Descalzi raised practical questions about how the bloc would replace an estimated 20 billion cubic meters of Russian gas that, he said, supplies important flexibility to the operation of power stations.

Details of the planned restrictions

The European Union is set to impose a ban on Russian liquefied natural gas imports under short-term contracts from April 25, and under long-term contracts from January 1, 2027. Descalzi's remarks focused on the implications of that timetable, and specifically on the operational role that Russian gas plays in power generation.

Comments on geopolitical risk

During his remarks, Descalzi also characterized the conflict in Iran as "the most important event of the last 40 years" in terms of its potential to disrupt energy supplies. He did not expand in detail on mechanisms or supply alternatives at the event, but his comment framed the trade-off between energy security and policy moves to reduce reliance on Russian supplies.

Analytical perspective

From the standpoint of energy system operations, the concern Descalzi expressed centers on the replacement of volumes that contribute flexibility to thermal and other power stations. That flexibility can affect dispatch decisions and the ability of generation assets to respond to demand swings. The planned EU restrictions create a defined timeline - April 25 for short-term LNG contracts and January 1, 2027 for long-term contracts - against which market participants will need to plan.

What remains uncertain

The public remarks did not detail potential replacement sources, timing for alternative supplies, or contingency measures for maintaining power station flexibility. Descalzi's statement stresses a need for reassessment rather than offering a specific remedial plan.


This article presents the facts and statements as reported from the event and from the announced EU timetable for import restrictions.

Risks

  • Potential disruptions to energy supplies if the 20 billion cubic meters of Russian gas that support power station flexibility are not replaced - impacts the power generation and utilities sectors.
  • Geopolitical instability, highlighted by Descalzi's view that the conflict in Iran is "the most important event of the last 40 years," introduces uncertainty for energy markets and supply planning.
  • The fixed timetable for import restrictions creates planning and market risk for companies reliant on Russian LNG under short- and long-term contracts.

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