Edison has signed a sales and purchase agreement with Shell International Trading Middle East Limited FZE for liquefied natural gas (LNG). Under the terms of the contract, Edison will receive about 0.7 MTPA of LNG from the United States starting in 2028 and lasting up to 15 years. The deal is structured on a Free on Board (FOB) basis, meaning Edison will use its own LNG carrier fleet to handle the pickup, transport, and delivery of the gas. “This second supply channel from the U.S. is another key piece of our industrial strategy, designed to strengthen Italy’s energy security and boost the long-term competitiveness and flexibility of our portfolio,” said Fabio Dubini, Executive Vice President of Gas & Power Portfolio Management & Optimization at Edison. Currently, Edison imports around 14 billion cubic meters of natural gas annually, sourcing from Qatar (6.4 bcm), Libya (4.4 bcm), Algeria (1 bcm), Azerbaijan (1 bcm), and the United States (1.4 bcm). This covers about 23% of Italy’s total demand. Within Edison’s strategic vision, LNG is seen as essential for ensuring supply flexibility and adapting the energy mix to the pace of the energy transition. Natural gas, the company maintains, will remain vital in the decades ahead, complementing renewables and the electrification of consumption.
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