October 30, 2007
Further to an announcement in June 2007 that Po Valley Energy would together with Star Energy Group Plc, a major operator and developer of underground gas storage facilities, bid for new gas storage licences in Italy, a submission was lodged during September 2007.
The Italian Ministry has formerly confirmed acceptance of the Po Valley and Star Energy application for a tender of gas storage fields in Italy.
It is a competitive bid, and the Ministry timetable has a decision on the successful application scheduled for January 2008.
Michael Masterman Po Valley Energy 0417 851 303
Kevin Skinner Field Public Relations (08) 8234 9555 / 0414 822 631
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