ITALY LOOKS ABROAD FOR GAS

Created: 4/3/1967

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INTELLIGENCE AGENCY.

FOR:

Bromley Smith White House Staff The White House

Looks Abroad for Gas

1. Italian production and consumption of natural gas are presently in balance. Demand will soon exceed domestic output, however, andecade or less, half of the natural gas used in Italy will have to come from abroad.

year contract has already been concluded with Esso International, which calls for annual deliveriesillion cubic meters of Libyan gas, starting Discussions concerning gas from Algeria and from the Netherlands have thus far been fruitless.

Since Italian and Soviet officials have been moving slowlyeal for the Italian import of Soviet natural gas but many unresolved technical and financial problems make the conclusion ofeal uncertain.

CIA/RRSubject Report)

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AFFPOKOFOFREIUSE

Original document.

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