BRIEF-Snam expects to close Edison storage sites acquisition by end-March

Reuters

2025/01/22

Jan 22 (Reuters) - Snam Chief Executive Stefano Venier tells a press conference: :

* U.S. INTENTION TO INCREASE LNG EXPORT IS AN OPPORTUNITY, BUT EUROPE WILL HAVE TO COMPETE WITH ASIAN BUYERS

* GROUP IS CONSIDERING BINDING OFFER FOR A STAKE IN ENI’S CARBON CAPTURE BUSINESS UNIT

* GROUP IS IN CONTACTS WITH ANTITRUST OVER EDISON STORAGE SITES DEAL, EXPECTS TO CLOSE ACQUISITION BY END-MARCH

* ITALY'S GAS STORAGE FILLED AT 68% AS OF TODAY, ABOVE EUROPEAN AVERAGE

Further company coverage:

(Reporting by Milan newsroom)

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