Diversification and energy security
Over the years, we have built our gas availability portfolio by focusing on the diversification of supply sources, in order to ensure maximum supply reliability for our customers and contribute to the energy security of the country.
Natural gas
As a natural gas importer, we meet 22% of the national demand with 4 different supply sources. We engage in the import and sale of the commodity on both wholesale and retail markets, as well as for thermoelectric uses, with a diversified portfolio of long-term purchase contracts across countries and supply routes: the gas arrives in liquid form from Qatar (approx. 6.4 billion cubic meters/year) and through pipelines from Libya (approx. 4 billion cubic meters/year), Algeria (approx. 1 billion cubic meters/year) and Azerbaijan (approx. 1 billion cubic meters/year). In 2023, we made the country independent from Russian gas by not renewing the annual supply contract (1 billion cubic meters ended in 2022). In 2025, the gas portfolio will be further enriched with a new supply route, thanks to liquefied natural gas from the United States, which will provide volumes of 1.4 billion cubic meters per year.
LNG for heavy transport
Thanks to our natural gas and LNG supply portfolio and transport vessels, we have been able to contribute to ensuring supply security in relation to the replacement of Russian gas volumes in the European energy system. We use strategic infrastructures for Italy, such as Adriatic LNG, the world’s first offshore regasification terminal and the largest in operation in Italy, where we hold significant regasification capacity with LNG deliveries for national demand. In addition, we have subscribed to further regasification capacity, both long-term and medium-term, at the Piombino and Dunkerque terminals. We develop synergies and partnerships to increase and make available in Italy green gases, such as bioLNG, biomethane and hydrogen.