Gas Stocks in Italy at 68%, Above EU Average, Says Venier
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Loading... - Archie Bailey
- 30 Jan 2025
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As of Wednesday morning, Italy's gas stocks were reported at 68%, according to Stefano Venier, the CEO of SNAM, the country's leading gas-network company. This figure places Italy slightly above the European average, providing the nation with a competitive edge over other European countries in terms of gas supply.
Venier highlighted that Italy's current gas stock levels are on the higher end of the average recorded over the past five years. This stability in gas inventories is particularly significant as Europe navigates fluctuating energy demands and supply challenges.
However, Venier cautioned that making accurate forecasts for the coming months remains difficult. "It's hard to make a forecast before March; it depends on how cold it will be," he stated. He emphasized that, similar to other European nations, climate conditions play a crucial role in determining gas inventories in Italy.
The current levels of gas stocks are critical as Europe continues to manage its energy resources amid geopolitical tensions and the ongoing transition to more sustainable energy sources. With Italy's gas stocks above the EU average, the country is better positioned to handle potential supply disruptions and ensure energy security for its consumers.
