Snam has envisaged an increase in investments to € 5.2 billion for the 2017-2021 period (vs € 4.7 billion of the plan’s presented in March 2017): € 4.6 bn are related to the transportation network and € 0.6 bn are related to storage and regasification. The Plan also provides for investments of approximately € 360 mln to increase energy efficiency and reduce Snam’s emissions.The investment strategy is mainly focused on the development of Italian infrastructure and its interconnection with European infrastructure.
2017-21 investment period
storage and regasification investments
The main management guidelines provide for organic growth in Italy and the consolidation of the Company’s presence in Europe, with the objective of improving supply security, flexibility and the quality of service of the entire gas system:
Transport & CNG
€ 4.6 bn (+10% vs previous target)
Storage & regass
€ 0.6bn (+10% vs previous target)
SNAM: GROWTH DRIVES
Snam pursues a sustainable model of growth, in order to create value through these main strategic drivers: selective portfolio management, operational and financial efficiency, new services asset-light, attractive returns.
Integration of the continental networks is a key-element in the development perspectives of the Company. In this regard, Snam signed strategic partnerships with the biggest operators in the sector along the main continental energy corridors, becoming one of Europe’s leading gas infrastructure operator.MORE ABOUT INTERNATIONAL STRATEGY
29 August 2018 - 11:12 CEST