Snam SpA - Company Profile
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Business Description
Snam SpA (Snam) is a midstream energy company, carrying out natural gas transportation, storage and regasification in Italy. It is also present in the sustainable mobility and energy efficiency businesses.
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Business Segments
Overview
Produces Biogas and Biomethane through its subsidiary Bioenerys, from organic waste, agricultural and agro-food biomass. Promotes energy transition through development of integrated projects by investing and acquiring biogas and biomethane plants.
Performance
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Overview
Operates through its wholly owned subsidiary, GNL Italia SpA (GNL). GNL owns and operates the Panigaglia regasification plant. The regasification service includes unloading the LNG from the vessel, operating storage for the time required for vaporizing the LNG, regasifying it and injecting it into the national network at the Panigaglia entry point.
Performance
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Overview
Manages its natural gas storage business through Stogit SpA (Stogit). Stogit operates natural gas storage points in Lombardy, Emilia Romagna and Abruzzo. Stogit supplies its storage services including peak modulation, uniform modulation, strategic, transporter balancing, and short-term conferral services to 90 operators on the basis of a Storage Code approved by the Autorita di Regolazione per Energia Reti e Ambiente (ARERA).
Performance
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Overview
Operates high and medium pressure gas pipelines transportation infrastructure in Italy. Its major operating subsidiary includes Snam Rete Gas SpA and Infrastrutture Trasporto Gas SpA. It procures natural gas from import, and injects it into the national gas network through entry points, namely, Tarvisio, Gorizia, Gries Pass, Mazara del Vallo, Gela, Panigaglia, Cavarzere and Livorno. It transports natural gas through a local distribution network to industrial and thermoelectric power plants.
Performance
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Performance
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