Companies & Finance

Italy maintains gas demand in 9M 2018

Italy consumed 51.8 billion cubic metres of gas in the first nine months of 2018, in line with the same period in 2017.
By Staff reporter 7 November 2018 0 33203

Italy consumed 51.8 billion cubic metres of gas in the first nine months of 2018, in line with the same period in 2017, transmission system operator Snam said in a note on Wednesday.

A total of 55.7 bcm was injected into the network, a 0.4% increase from 2017.

There was 12.4 bcm of storage capacity available in the country as of 30 September 2018, 200 million cubic metres more than on 30 September 2017.

Snam reported an adjusted net profit of €793 million ($912 million), a 5.0% increase...