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  • Energy ministries of Italy, Germany and Austria sign letter of support for SoutH2 Corridor
    édité le 11/05/2023 - Plus de news de "SNAM" - Voir la fiche entreprise de "SNAM"

Energy ministries of Italy, Germany and Austria sign letter of support for SoutH2 Corridor
The ministries for Energy of Italy, Austria and Germany have signed a joint letter of political support for the development of a “southern hydrogen corridor” in the European Union and for the respective infrastructure projects to obtain the status of Project of Common Interest (PCI).

Snam, Italy’s gas infrastructure operator, Trans Austria Gasleitung (TAG) and Gas Connect Austria (GCA) in Austria and bayernets in Germany have formed a partnership to develop the SoutH2 Corridor, a hydrogen-ready pipeline corridor connecting North Africa to central Europe and enabling renewable hydrogen produced in the Southern Mediterranean to reach European consumers.

Snam and the other three TSOs welcome this political support to their initiative.

The southern hydrogen corridor (also called “SoutH2 Corridor”) is a 3.300 km dedicated hydrogen-ready pipeline corridor part of the European Hydrogen Backbone. Its development will guarantee security of supply and is crucial for the creation of an interconnected and diversified hydrogen backbone. Furthermore, with a hydrogen import capacity of more than 4 Mtpa (Million tonnes per annum) from North Africa, the corridor could deliver 40% of the REPowerEU import target.

The SoutH2 Corridor, which is expected to be fully operational as early as 2030, consists of the following individual PCI project candidates: “Italian H2 Backbone” promoted by Snam Rete Gas; “H2 Readiness of the TAG pipeline system” promoted by Trans Austria Gasleitung GmbH; “H2 Backbone WAG + Penta-West" promoted by Gas Connect Austria GmbH and “HyPipe Bavaria – The Hydrogen Hub” promoted by bayernets GmbH.

About Snam

Snam is one of the world’s leading energy infrastructure operators and ranks among Italy’s largest listed companies, by market capitalization. Through a sustainable and technologically advanced network, Snam guarantees the security of supply and is a key enabler in the energy transition. Through its international footprint Snam operates in Albania (AGSCo), Austria (TAG, GCA), France (Teréga), Greece (DESFA), Italy, UAE (ADNOC Gas Pipelines) and UK (Interconnector UK) and has recently started activities in China and India. Snam is also one of the leading shareholders in TAP (Trans Adriatic Pipeline).
Since 2001 Snam is a public company, listed in the FTSE MIB index of the Italian Stock Exchange.

Origine : Communiqué SNAM

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