EuropeLNG Terminals

VTTI, Snam wrap up acquisition of Italy’s Adriatic LNG terminal

By LNG Prime Staff
VTTI, Snam wrap up acquisition of Italy’s Adriatic LNG terminal
Image: Adriatic LNG

Rotterdam-based storage terminal owner VTTI, co-owned by Vitol, IFM, and Adnoc, and Italian energy firm Snam have completed their previously announced acquisition of Italy’s Adriatic LNG terminal. The two firms announce the completion of the transaction in a statement on Tuesday. Italy’s largest LNG terminal is now owned by VTTI and Snam with 70 percent…

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