Italian Grid Operator Increases Investments to $12.5 Billion ...Middle East

Italy is enhancing its overall energy security by significantly increasing investments in both energy transition and conventional hydrocarbon infrastructure. By 2027, the Italian grid operator SNAM will invest approximately $12.5 billion or 11.5 billion euros in its energy transition business, covering transport, liquefied natural gas infrastructure, and storage. This represents a 15% increase from its previous strategic plan (2026), with a primary focus on improving the overall flexibility of its energy system. According to SNAM, EUR 7.4 billion…

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