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Industrial Valve Summit

Eni and Snam urge Italy to become a gas hub

inNews 2021 oil&gas

Eni and Snam urge Italy to become a gas hub

We are talking a lot about the possibility of transforming Italy into a “gas hub”, that is, a hub for the distribution of fuel previously imported on our peninsula from North Africa and the eastern Mediterranean, towards northern Europe.

Eni representatives argue that Italy, thanks to its position, can take on a main role in Europe as a gas hub; according to Snam, Italy could import green hydrogen from North Africa, exploiting existing, appropriately modified pipelines. Such investments should be evaluated on the basis of their cost in relation to benefits and future levels of natural gas demand.

The agreement provides for a duration of forty years, this will allow to make important investments in the energy sector in Libya contributing to the development and creation of work in the country, and strengthening the position of Eni as the first operator in Libya.

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