A Review of the Nigerian Energy Industry

Snam CEO says China is a very attractive growth market for natural gas

Snam CEO says China is a very attractive growth market for natural gas
Natural gas pipeline

20 February 2019, Milan — Italian gas company Snam has ongoing discussions in China over possible business opportunities in the country, the group’s Chief Executive said on Tuesday.

“China is a very attractive growth market for natural gas,” Marco Alvera said in an analyst conference on 2018 results.

Last year Snam signed Memorandums of Understanding with China’s State Grid International Development and Beijing Gas over cooperation in the country, especially in the field of carbon emission reduction and gas storage.

State Grid is a shareholder of Snam.

Also Read: Cooking gas price down in January – NBS

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