Italy's Snam Wins EU Backing For Hydrogen Pipeline and CO2 Storage
12.02.2025 By Tank Terminals - NEWS

December 02, 2025 [Reuters]- The European Commission on Monday included in its new priority list for cross-border energy projects two initiatives backed by Italian gas grid operator Snam, making them eligible for EU funding.

 

The commission had already added the projects to a priority list in 2023, but their presence in this year’s update makes it likely that they will be included in Snam’s updated industrial plan, due to be presented early next year.

Snam’s projects, part of an EU list of 235, are a hydrogen pipeline linking Algeria, Italy, Austria and Germany dubbed the SoutH2 Corridor, and offshore carbon dioxide storage sites near Italy’s Ravenna, part of the Callisto project.

Since they are among the so-called Projects of Common Interest and Projects of Mutual Interest, they will benefit from fast-track authorisation processes, as well as possible financial backing from the EU.
 

TankTerminals.com is a market research platform with not only manager-level contact details but also logistical, operational, infrastructural and shipping data of more than +10,100 tank terminals and +6,200 production facilities worldwide.

 

Access data. Decide better. See how.

Asia most primed for clean ammonia investment: Vopak
01.08.2026 - NEWS
05 January 2026 [ Argusmedia ]- Argus spoke to Vopak executive vice president for global busine... Read More
Vitol and Trafigura in Talks with US on Venezuelan Oil Sales, Sources Say
01.08.2026 - NEWS
January 08, 2026 [Reuters]- Vitol and Trafigura, two of the world’s largest commodity trade... Read More
NEXTCHEM Acquires Entire Share Capital of Ballestra Group
01.08.2026 - NEWS
January 08, 2026 [Biofuels Internationals]- MAIRE has announced that NEXTCHEM has signed a bindin... Read More
Nigeria Misses 2025 Oil Production Target by 500,000 Bpd
01.08.2026 - NEWS
January 08, 2026 [Oil Price]- Nigeria booked average daily crude oil production of around 1.5 mil... Read More