Eni has signed an agreement with Swiss company Open Energy Platform (Open EP) to regulate gas supply to Switzerland and Italy in case of emergency.

The Italian company will ensure the gas supply from France in the event of interruptions or significant reduction of gas flow from Germany to Switzerland and Italy.

The agreement is valid from 2 December 2023 until 30 September 2024.

During this period, authorities from Switzerland will refrain from imposing any restrictions on the rights of the Italian company for gas transportation through Switzerland.     

The agreement aligns with the Joint Declaration on energy security signed in July 2023 between the Italian Ministry of Environment and Energy Security and the Swiss Confederation Federal Department of Environment, Transport, Energy and Communications.                                   

The latest agreement is expected to improve the security and efficiency of the supply of the Swiss Transitgas pipeline from France to Italy through Switzerland.

Eni said in a statement: “Eni continues to advance its strategy of consolidating gas supplies in response to the energy crisis caused by the difficult, ongoing international situation, confirming the value of gas as the most reliable source to support the energy transition.”

Last month, Eni partnered with SLB for the measurement of fugitive methane emissions and reporting plans for its operating facilities across the world.

The partnership is in line with Oil & Gas Methane Partnership 2.0 (OGMP 2.0) reporting standards, a methane reporting and mitigation programme of the UN Environment Programme.

SLB will compile and evaluate the information and help the Italian oil and gas company submit its source-level emissions report to the OGMP.