Snam to invest €10bn in Italian gas and LNG infrastructure

Snam plans to invest $11.2 billion over the next three years in Italy’s gas and LNG infrastructure to increase regional access to gas. The money will go to constructing a new section of the Trans Adriatic Pipeline and expand the TransMed pipeline’s connection. Snam also expects to receive the BW Singapore FSRU by the end of this year at the 5 bcm/a Ravenna LNG import terminal