Pipelines, Storage & Power

Snam interested in taking part in Trans-Caspian Pipeline

Italian transmission system operator Snam may take part in the Trans-Caspian Pipeline project, the company’s chief executive has said.
By Staff reporter 10 August 2018 0 32097

Italian transmission system operator Snam may take part in the Trans-Caspian Pipeline project, the company’s chief executive, Marco Alverà, told the Financial Times on Thursday.

The project, which would entail laying an undersea pipeline with a capacity of 30 billion cubic metres per year between Turkmenistan and Azerbaijan, has been on the drawing board for some time. The pipeline would enable Turkmenistan to export gas to Europe along the Southern Gas Corridor (SGC).

“Turkmenistan has a lot of gas, and it is a doable...