Snam S.p.A.

Detailed Description

Snam S.p.A., together with its subsidiaries, engages in the creation and integrated management of natural gas infrastructure in Italy. The company operates through three segments: Natural Gas Transportation, Liquefied Natural Gas (LNG) Regasification, and Natural Gas Storage. It provides natural gas transportation and dispatching services with approximately 32,600 kilometers of high-and medium-pressure gas pipelines; and owns and manages LNG regasification plants. The company also offers natural gas storage services through an integrated group of infrastructure comprising deposits, wells, gas treatment plants, compression plants, and the operational dispatching system; and operates nine storage concessions, including five in Lombardy, three in Emilia-Romagna, and one in Abruzzo. In addition, it engages in the leasing and maintenance of fiber optic telecommunication cables, as well as provides integrated services in the natural gas mobility sector; energy efficiency solutions and carbon footprint assessments for condominiums, companies, and public administrations; and management of biogas and biomethane plants. Further, the company offers engineering and project management services; and oversight and supervision of a compressor station upgrade and pipeline laying activities. It also operates in Albania, Austria, China, France, Greece, India, Italy, the United Arab Emirates, and the United Kingdom. The company was formerly known as Snam Rete Gas S.p.A. and changed its name to Snam S.p.A. in January 2012. Snam S.p.A. was founded in 1941 and is headquartered in San Donato Milanese, Italy.