June 5 (LNGJ) - Edison SpA of Italy, the energy company involved in the Italian natural gas and electricity supply markets, confirmed talks to sell its natural gas storage facilities to gas grid and LNG terminals operator SNAM.
Edison said it was negotiating for SNAM to purchase the Edison storage subsidiary Edison Stoccaggio. Successful completion of the talks would give SNAM control of gas storage facilities located in Cellino (Teramo), Collalto (Treviso) and San Potito e Cotignola (Ravenna), with a total storage capacity of about 1 billion cubic metres per annum. Edison itself is part of France’s EDF group.
