Slovakia’s SPP to cooperate with Edison on LNG supplies

Italian energy firm Edison has signed a memorandum of understanding with Slovakia’s gas supplier SPP to collaborate on LNG supplies.

Under the agreement, SPP and EDF’s unit Edison, which owns one of the largest
and most diversified long-term gas portfolios in Italy, undertake to explore possible synergies for accessing the capacity of regasification from LNG, to allow Slovakia to open new supply routes, according to a statement by Edison.

Edison imports LNG via Italy’s Adriatic LNG terminal and is also a partner in the small-scale LNG terminal in the port of Ravenna.

SPP said in a separate statement that the memorandum creates the basis for exploring potential opportunities to provide regasification capacity in LNG terminals on the Italian coast.

Both companies also confirmed the interest in deepening business cooperation and in the potential transmission of natural gas from Italy to Slovakia, it said.

Earlier this year, SPP also signed similar deals with Italy’s Eni and Snam.

SPP said it has signed agreements with key partners from Italy, Poland and Germany, to ensure the strengthening of Slovakia’s energy independence.

In spring, the company signed new diversification contracts with BP, ExxonMobil, Shell Energy Europe, Eni, and RWE.

By concluding these diversification contracts, the company says it can currently cover more than 70 percent of its customers’ consumption from sources other than Russian.

“From 2025, we plan to ensure access for Slovakia to LNG terminals and their regasification capacities. At the same time, we are conducting negotiations with LNG producers from the USA, Qatar, Asia, and Africa,” it said.

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