Eni: Gas Transport Interconnection Between Italy and Croatia Under Evaluation with INA

Source Press Release
Company ENI S.p.A.INA Group 
Tags Asset Deals, Deals, Pipelines/ tankers/ distribution
Date June 26, 2018

Eni and INA signed today a bilateral cooperation agreement (Memorandum of Understanding) to jointly evaluate the opportunity to realize a gas interconnector between Italy and Croatia.

The initiative aims to leverage existing infrastructure, used until now for offshore gas production activities in the upper Adriatic Sea, to additionally perform gas transport between the two countries.

The interconnection will increase the degree of integration, security of supply, competitiveness and sustainability of the Croatian market, as well as of the Italian market, as the infrastructure will be able to operate reverse flows.

Furthermore, the development of this initiative will contribute to consolidating Italy's position as a gas hub in Europe.

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