Italian gas grid and LNG terminal operator SNAM boosted by high usage and Trans-Adriatic Pipeline

Thursday, 13 May 2021

Italian natural gas network company and LNG importer SNAM reported a more than 8 percent increase in net profits as more natural gas was used in Italy and it benefited from foreign investments in the Trans-Adriatic Pipeline bringing gas from Azerbaijan and its stake in the Abu Dhabi’s pipelines system in the United Arab Emirates.

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