Eni, Snam and CDP plan LNG stations as part of a new deal

Italian energy firms Eni and Snam have teamed up with investment bank Cassa Depositi e Prestiti to work on several projects aimed at slashing emissions.

The trio said in statement they have signed a letter of intent to jointly carry out integrated projects along the entire value chain in key sectors for the energy transition.

This includes developing the production, transportation and marketing of green hydrogen but the use of hydrogen in rail transport.

Additionally, the trio will collaborate to create multifunctional CNG, LNG and hydrogen refuelling stations.

Moreover, they plan to develop the necessary infrastructure to guarantee the supply of LNG throughout the country for land and sea transportation.

The deal is part of a broader commitment to help reach European targets for cutting carbon emissions by 55% by 2030, they said.

- Advertisements -

Most Popular

Grand Isle LNG working on FLNG project off Louisiana

US firm Grand Isle LNG is planning to start production of liquefied natural gas at its proposed floating LNG...

Australia’s Woodside reports fatality at North Rankin

Australian LNG player Woodside reported a fatality at its North Rankin complex located offshore Western Australia. "An incident occurred at...

Work starts on first Korean LNG carrier as part of QatarEnergy’s fleet expansion project

LNG giant QatarEnergy celebrated the steel cutting of the first of its new generation of chartered LNG carriers to...

More News Like This

Italian FSRU operator gets OK to boost regas capacity

Italy’s OLT Offshore LNG Toscana has received approval to boost its regasification capacity at the FSRU-based terminal located off...

Snam’s Piombino FSRU welcomes first LNG tanker

Italy’s Snam has received the first LNG tanker at its FSRU-based LNG import terminal in the port of Piombino...

Eni says Q1 LNG earnings up, sales down

Eni's gas and LNG business reported higher earnings in the first quarter of this year, while the company's LNG...

Eni to launch first floating LNG producer in Congo this year

Italian energy firm Eni is moving forward with its plans to launch the first floating LNG production unit in...