italy belgium join forces for natural gas networks in europe
Last Updated : GMT 20:27:55
Arab Today, arab today
Arab Today, arab today

Italy, Belgium join forces for natural gas networks in Europe

Arab Today, arab today

Arab Today, arab today Italy, Belgium join forces for natural gas networks in Europe

Rome - KUNA

Italy and Belgium signed on Monday a Memorandum of Understanding (MoU) to bolster their joint strategic alliance and develop their capabilities in natural gas in Europe, including managing imports and pipeline work between them. Belgium''''s Fluxys S.A. and Italy''''s Snam S.p.A. agreed to assess and evaluate the set-up of a jointly controlled company for the integrated management of the companies'''' international assets across Europe. The MoU signed by the companies further develops the Strategic Alliance of 2012 aimed at pursuing opportunities in Europe through projects enhancing the flexibility and security of supply in the European gas infrastructure, a joint statement by the two companies said. The joint company under consideration would combine Fluxys'''' and Snam''''s international assets located on the South-North and East-West corridors with the exclusion of the Belgian and Italian domestic markets and would play a key role as facilitator of the creation of deeper market flexibility and liquidity through an enhanced interconnection of the European gas networks and markets. By joining forces Snam and Fluxys would become a key player in Europe, interconnecting markets as envisaged in the blueprint set forth in the Third Energy Package, Carlo Malacarne (CEO Snam) and Walter Peeraer (Managing Director Fluxys) said at the signing ceremony. "Combining our European activities would create value for both the market and our shareholders." Snam and Fluxys already work closely together on the South-North Reverse Flow project in Germany, Switzerland and Italy which is to enable gas landing in Italy to flow to Northwest Europe and Britain. The companies also have become co-shareholders in the Interconnector pipeline linking Britain and Belgium

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

italy belgium join forces for natural gas networks in europe italy belgium join forces for natural gas networks in europe

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

italy belgium join forces for natural gas networks in europe italy belgium join forces for natural gas networks in europe

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today PNG police start removing refugees

GMT 03:00 2017 Friday ,24 November

PNG police start removing refugees
Arab Today, arab today Sophian Yussef reveals suitable decoration

GMT 02:56 2017 Thursday ,23 November

Sophian Yussef reveals suitable decoration
Arab Today, arab today Syria congress to go ahead

GMT 02:24 2017 Friday ,24 November

Syria congress to go ahead
Arab Today, arab today IS media offline for a day

GMT 02:10 2017 Friday ,24 November

IS media offline for a day
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Human form of 'mad cow' disease

GMT 00:11 2017 Friday ,24 November

Human form of 'mad cow' disease
Arab Today, arab today British woman jailed in Iran to appear

GMT 03:19 2017 Friday ,24 November

British woman jailed in Iran to appear
Arab Today, arab today 'Trash islands' off Central America indicate

GMT 20:19 2017 Friday ,24 November

'Trash islands' off Central America indicate
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mitsubishi Materials units falsified product

GMT 03:24 2017 Friday ,24 November

Mitsubishi Materials units falsified product
Arab Today, arab today 'Robo-taxis' hold promise, and perils

GMT 08:07 2017 Thursday ,23 November

'Robo-taxis' hold promise, and perils
Arab Today, arab today Solaf happy for participating in “Hotline”

GMT 07:56 2017 Wednesday ,22 November

Solaf happy for participating in “Hotline”
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead

GMT 08:03 2017 Tuesday ,21 November

Abeer Sabry reveals reason of “The Flood” success

GMT 08:03 2017 Thursday ,23 November

Srebrenica women cry tears of joy

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts

GMT 09:12 2017 Thursday ,23 November

4 in 10 cancers due to modifiable risk

GMT 10:47 2017 Wednesday ,22 November

The Big Apple bike boom

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday