Nuclear resurgence in Italy won't greatly affect Snam gas demand scenario, CEO says
Nov 7 (Reuters) -Snam SRG.MI CEO Stefano Venier and CFO Luca Passa tell analysts:
SNAM CEO: GROUP SIGNED MOU WITH ALGERIA'S SONATRACH, AUSTRIA'S VERBUND TO STUDY GREEN HYDROGEN PRODUCTION IN ALGERIA
SNAM CFO: EXPECTS CONTRIBUTION FROM ASSOCIATES AT JUST BELOW 300 MILLION EUROS IN THE WHOLE 2024
SNAM CFO: EXPECTS COST OF DEBT TO STAY AROUND 2.5% FOR THE REST OF THE YEAR
SNAM CEO: POTENTIAL REINTRODUCTION OF NUCLEAR POWER IN ITALY WILL NOT HAVE BIG IMPACT ON GROUP'S GAS DEMAND SCENARIO
SNAM CEO: THERE ARE INTENSIVE CONVERSATIONS BETWEEN UKRAINE, AZERBAIJAN OVER HOW SOLVE UKRAINE GAS ROUTE ISSUE
SNAM CEO: EVEN IF UKRAINE GAS ROUTE CLOSES, EUROPE CAN LEVERAGE ON MANY LNG FACILITIES TO COVER GAS NEEDS
SNAM CEO: GAS FLOWING TO EUROPE VIA UKRAINE ROUTE IS AROUND 15 BCM, CAN BE COVERED EASILY WITH LNG
Further company coverage: SRG.MI
Reporting by Milan Newsroom
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