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EMISSIONS: Snam Eyes Carbon Trading From Ravenna CCS Project

EMISSIONS
CEEMEAEurozoneEnergy BulletsItalyBulletPower BulletsCommodities

Italy’s Snam has started talks with France and Greece to trade CO2 from its Ravenna CCS project, Snam’s CEO Stefano Venier said, cited by Bloomberg. 

  • “Further potential developments are the establishment of a virtual corridor where CO2 could be shipped in liquefied form, expanding the client base to South of Italy and neighbouring countries like France and Greece,” Venier said.
  • In September, Eni and Snam started injecting CO2 in the Ravenna CCS project, with the development able to store as much as 4 mn/t CO2 per year by 2030, the firms said. The project is the first of its kind in Italy.
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Italy’s Snam has started talks with France and Greece to trade CO2 from its Ravenna CCS project, Snam’s CEO Stefano Venier said, cited by Bloomberg. 

  • “Further potential developments are the establishment of a virtual corridor where CO2 could be shipped in liquefied form, expanding the client base to South of Italy and neighbouring countries like France and Greece,” Venier said.
  • In September, Eni and Snam started injecting CO2 in the Ravenna CCS project, with the development able to store as much as 4 mn/t CO2 per year by 2030, the firms said. The project is the first of its kind in Italy.