Italy is the 4th most populated European country and the 3rd largest European gas market after the UK and Germany. The country is highly import dependent (90% gas) on foreign energy sources, including Libya and Russia.
Given the current energy crisis in Europe, the Italian government issued an Energy Decree in March 2022 recommending an increase in domestic natural gas production after years of decline.
Po Valley Energy has a crucial role to play in ensuring Italy's security of local gas supply.
The Po Valley region, between the Alps and the Apennines, is the main gas production zone in Italy. The national transportation grid is more than 29,000 km long and the distribution network is well developed, covering 90% of the north of Italy where the Company operates.