Snam S.p.A.
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in mil. unless spec.Company Description
- CEO
- Agostino Scornajenchi
- Full Time Employees
- 4,008
- Sector
- Utilities
- Industry
- Regulated Gas
- Address
- Via Vezza d'Oglio, 6 Milan MI Italy 20139
- IPO Date
- Aug 3, 2012
- CIK
- 0001437771
- Website
- snam.it
- Similar Companies
- Business
- Snam S.p.A., alongside its subsidiaries, is a prominent energy infrastructure company focused on the management and development of natural gas transmission, storage, and regasification assets, primarily in Italy. The company maintains an expansive network, encompassing over 40,000 kilometers of high- and medium-pressure pipelines for gas transportation and dispatching across its Italian and international operations. It holds the largest natural gas storage capacity in Europe and oversees a comprehensive integrated system of storage facilities, including deposits, wells, and compression plants. Additionally, Snam manages liquefied natural gas (LNG) regasification terminals, such as the Panigaglia plant and the recently acquired floating storage and regasification units (FSRUs) like Italis LNG and BW Singapore, bolstering Italy's energy supply diversification. Beyond its traditional gas infrastructure, Snam is actively transitioning to become a multi-molecule operator, investing substantially in sustainable energy solutions. This includes developing infrastructure capable of transporting green gases like biomethane and hydrogen, spearheading projects such as the SoutH2Corridor. The company is also engaged in carbon capture and storage (CCS) initiatives, including a significant project in Ravenna with Eni, and provides integrated services in sustainable mobility and energy efficiency for various sectors. Snam’s strategic plan outlines ambitious targets to achieve carbon neutrality in its direct operations by 2040 and net-zero emissions across its entire value chain by 2050. Its global footprint extends through strategic partnerships and shareholdings in energy corridors across Europe, North Africa, and the Middle East, with operations or interests in countries such as Austria, France, Greece, the United Kingdom, Tunisia, Egypt, and the United Arab Emirates. Recent strategic moves include increasing its stake in Adriatic LNG in late 2024 and acquiring Edison Stoccaggio in 2024. The company was established in 1941 and its headquarters are located in San Donato Milanese, Italy.
Company News
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Snam S.p.A. (SNMRY) Q1 2026 Earnings Call Transcript
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Snam S.p.A. (SNMRY) Q3 2025 Earnings Call Transcript
Snam S.p.A. (SNMRF) Q2 2025 Earnings Call Transcript
Italy's Snam reports 5.3% rise in H1 core profit, confirms 2025 guidance
Snam S.p.A. (SNMRF) Q1 2025 Earnings Call Transcript
Snam S.p.A. (SNMRF) Q4 2024 Earnings Call Transcript
Snam S.p.A. (SNMRF) Nine Months 2024 Consolidated Results Conference Call Transcript
Snam S.p.A. (SNMRF) Q2 2024 Earnings Call Transcript
Snam S.p.A. (SNMRF) Q1 2024 Earnings Call Transcript
Snam S.p.A. (SNMRF) Full Year 2023 Earnings Call Transcript
Snam S.p.A. (SNMRF) Q3 2023 Earnings Call Transcript
Snam, Eni's carbon capture hub can serve also southern Europe
Snam S.p.A. (SNMRF) Q2 2023 Earnings Call Transcript
Snam S.p.A. (SNMRF) Q1 2023 Earnings Call Transcript
Snam S.p.A. (SNMRF) Q4 2022 Earnings Call Transcript
Snam S.p.A. (SNMRF) Q3 2022 Earnings Call Transcript
Factbox: Companies potentially affected by Italy's election