AleAnna says development plan aligns with EU declaration on Russian gas

AleAnna (ANNA) outlined how its Italy-focused natural gas development plan directly supports European energy security objectives following the European Commission’s formal adoption of a regulation to phase out imports of Russian natural gas. The European Union’s declaration establishes binding timelines to restrict Russian pipeline and LNG imports, reinforcing the strategic importance of secure, domestic, and allied sources of supply. AleAnna’s development plan is designed to help address this shift by advancing reliable Italian natural gas production tied to existing infrastructure. “The European Commission’s formal declaration to phase out Russian gas marks a decisive policy inflection,” said Graham Van’t Hoff, Chairman of AleAnna. “Energy security is no longer theoretical. Italy has domestic gas resources, existing infrastructure, and the technical capability to convert those assets into dependable supply. AleAnna’s development plan is structured to do exactly that.”