October 17, 2024 09:35 GMT
NATGAS: Italy Ramping Up LNG Capacity with Negligible Gas from Russia: Snam
NATGAS
The percentage of gas flowing from Russia to Italy is negligible, according to Snam CEO Stefano Venier via Bloomberg.
- Italy is ramping up LNG capacity with an expectation that the total amount of gas globally will grow 2% this year, Venier added.
- Italy will have four active import facilities after the return of the FSRU Toscana from a summer of maintenance. A cool down cargo is expected in early November, ICIS said earlier this month.
- Italy’s Snam is planning to invest €14.5bn between 2028 and 2032 to support the energy system decarbonization and to achieve net zero by 2050, the firm said.
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