Snam

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Snam SpA ( SNAM is the abbreviation for Società Nazionale Metanodotti ) is an Italian Transmission System Operators for Gas. It is a subsidiary of the Italian oil and energy company Eni, which is the majority shareholder with 50.04 percent.

The company is headquartered in San Donato Milanese in 1941 by the four operating in the gas business company Ente Nazionale Metano, Agip, directed Terme di Salsomaggiore and Società Anonima Utilizzazione e Ricerca gas Idrocarburati ( Surgi ) founded as a joint venture and later integrated into the established in 1953, Eni.

With the liberalization of the gas market, which prescribes the separation between promotion / trade on the one hand and the transport on the other hand, Snam Rete Gas was founded in 2001 as a separate company within the Eni Group reorganized and brought to the market. The majority of shares remained present at Eni.

Snam has a 31,000 -kilometer natural gas pipeline system in 2006 about 88 billion cubic meters of natural gas were transported, making it the largest gas transporter in the country. The company generated 2006 sales of 1.76 billion euros and employs over 2,300 employees.

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