Profile and activities of Snam
Snam is a European leader in the construction and integrated management of natural gas infrastructure. With approximately 3,000 employees, it conducts regulated gas segment activities and is a leading European operator in terms of regulatory asset base (RAB) in its sector. As an integrated operator, Snam provides natural gas transportation, dispatching and storage services as well as LNG regasification services, and plays a leading role in the natural gas infrastructure system. By managing system infrastructures efficiently and providing integrated services for the market, Snam creates the conditions to guarantee fair energy costs.
The national gas transport network managed by Snam is over 32,500 kilometres long, with 9 storage fields and 1 regasification terminal. The operational activities cover the entire life cycle of the plants, from design to construction, management and maintenance during the operation phase, and finally, safety and disposal of the same.
Snam operates in Europe’s major markets through agreements with the leading industry players and direct equity investments in the share capital of companies. Snam also offers engineering and technical-operational services for gas operators in national and international markets.
The company actively promotes the use of natural gas as a flexible, safe and environmentally friendly source of energy. In the coming years, Snam intends to launch various energy efficiency projects with the aim of promoting a more sustainable and efficient energy system through the use of compressed natural gas (CNG), biomethane and liquefied natural gas (LNG) in the transport sector.
Snam has been listed on the Italian stock exchange since 2001.Its share price features not only on the Italian FTSE MIB index but also on leading international indices (Stoxx Europe 600 and Stoxx Europe 600 Utilities) and the major sustainability indices.