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Fuel Gas Costs Recognised to Snam Rete Gas

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San Donato Milanese, 5 February 2009. Snam Rete Gas reports that, with today’s publication of resolution VIS 8/09, the Italian Electricity and Gas Authority has completed the preliminary investigation on the gas not recorded in accounts (GNC) started with resolution VIS 41/08 “ Fact-finding investigation into correct application of the provisions concerning gas not recorded in accounts on the natural gas transport networks in the 2004-2006 period�?.

Based on the results of this preliminary investigation, future actions to be implemented by Snam Rete Gas were defined in order to improve the process of calculation of natural gas. The total amount to be recognised to the company, with regard to higher costs incurred for the purchase of fuel gas in the Thermal Years 2005-2006 and 2006-2007, was also set at € 45 million.

The Authority also established to fix with following resolutions the additional costs incurred by the company for the Thermal Years 2007-2008 and 2008-2009.

Company contacts

Snam Rete Gas Investor Relations
Tel +39.02.520.67272 - Fax: +39.02.520.67650
e-mail: investor.relations@snamretegas.it

 

Snam Rete Gas External Relations

Tel. +39 02 520.67691 - Fax +39.02.520.69227

e-mail: relazioni.esterne@snamretegas.it

 

Eni Press Office
Tel +39 02.52031875 – +39 06.5982398
e-mail: ufficio.stampa@eni.it

 
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updated
05 August 2016 - 16:18 CEST