LSE:0NQP - Snam SpA Snam SpA
Sector: Industrials, Industry: Environmental & Facilities Services
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EUR 4.478    +0.076 (+1.74%)

20 Feb 2024


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General

CEO: Mr. Stefano Venier

Headquarters: GB

Employees: 3,681

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Description

Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.

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