The regasification unit BW Singapore, moored 8.5 kilometres offshore Ravenna, has successfully completed commissioning within the scheduled time.

Upon receiving the final authorizations from the competent authorities, the regasification activity will begin during the month of May, with the capacity being made available through competitive auction procedures in accordance with the provisions of the current regulatory framework.

Similarly to Italis Lng terminal already in operation in Piombino, the BW Singapore regasification unit, purchased by Snam in July 2022, has an annual regasification capacity of 5 billion cubic metres.

With its entry into operation, Italy's total regasification capacity will rise to 28 billion cubic metres per year, a volume equal to that imported from Russia in 2021. This will account for 45% of the country's domestic gas demand, which will thus be met through a wider diversification of supply routes.

Liquefied natural gas (LNG) continues to provide a key-contribution to the diversification of energy supplies to Italy. In 2024, for example, LNG met a quarter of Italy's gas demand, with 150 ships from around 10 different countries reaching the four regasification terminals in Italy which now, with the entry into operation of the Ravenna terminal, become five.

This trend is continuing also in 2025: as of today, Italy received around 60 LNG tankers, half of which coming from the USA - up from approximately a third last year - from Qatar and from various African countries, for a total volume of almost 6 billion cubic meters, equal to approximately 30% of gas volumes imported into the country.

About Snam

Snam is Europe’s leading operator in natural gas transport, with a network of approximately 38,000 km in Italy and abroad. The company also deals with storage, of which it holds more than 17% of the European capacity, and regasification, with 13.5 billion cubic meters of gas per year that will rise to 18.5 billion cubic meters to 2025 thanks to the plant in Ravenna. Its medium-long term ambition is to develop and consolidate a system of energy infrastructure for a sustainable future, positioning itself as a multi-molecule operator at national and european level, focusing on innovation and enhancing the role of gas as a transition vector. Snam is among the leading Italian listed companies by market capitalisation.