Eni and SNAM Plan First Batch of CNG Stations

| Italy, Rome/San Donato Milanese

eni-snam CNGItalian integrated energy company Eni S.p.A., and Italian natural gas infrastructure company, Snam S.p.A., recently revealed details of the first contract arising out of a framework agreement signed earlier this year for the development of natural gas service stations in Italy, which is part of a set of initiatives promoting sustainable mobility.

The 20-year contract lays out the plan for the construction and maintenance of a first batch of 14 new CNG (compressed natural gas) plants by Snam within Eni’s national network of service stations, favouring the supply of low-emission alternative fuels such as methane. Natural gas eliminates particulate matter, the most polluting element in urban areas, and offers significant economic advantages to customers. Snam will receive an amount estimated between 20 and 40 million euro (USD 23.5 – 47m) from Eni for its services.

The contract is part of Snam’s initiatives for sector operators and aims to promote sustainable mobility. It includes an investment of 150 million euro to roll-out up to 300 new CNG and L-CNG (liquefied-compressed natural gas) service stations which will support the development and more balanced distribution of natural gas fuelling stations in different regions across the country. It will also improve the quality of service for users.

Eni seeks to further strengthen its offer for sustainable mobility through this initiative. At present Eni supplies natural gas fuel through 2 LNG and 180 CNG filling stations, representing only a small portion of its country-wide refueling network.

Snam, a member of NGV Italy, and Eni are related parties under the Italian Ministry of Economy and Finance.

Source: Eni

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