BAKU, Azerbaijan, May 9. Snam is accelerating its investments in resilient energy infrastructure as part of its strategy to support Europe’s transition to net zero, Trend reports.
At the same time, the producer aims to strengthen its pan-European network for both traditional and decarbonised energy carriers, with an emphasis on security and sustainability.
In the first quarter of 2025, Snam announced several key moves, including the 234 million euros sale of its indirect stake in ADNOC Gas Pipelines, generating a capital gain of 120 million euros, and the acquisition of Edison Stoccaggio, now renamed Stogit Adriatica.
The Ravenna regasification terminal is expected to start commercial operations in May, while Snam also signed a deal to acquire a 24.99% stake in Germany’s Open Grid Europe (OGE), marking its entry into the German gas transmission market.
Natural gas demand in Italy is projected to rise in 2025 due to lower electricity imports and reduced hydro output. Snam's storage facilities held 2.9 bcm of gas as of March, with a 47% fill rate by the end of April — ahead of schedule for winter preparedness.
The company reports no operational disruptions in its international assets, including the EMG pipeline, despite ongoing geopolitical tensions. Snam maintains its 2025 financial guidance, supported by regulatory updates and stable financing conditions.
