Baku, Azerbaijan, April 5. Snam has
successfully wrapped up the 2024/25 winter season with Italian gas
storage facilities holding a filling level of around 42%,
surpassing the European average of 34%, Trend reports.
Despite a national gas demand increase of 8% compared to the
same period last year, the remaining stock as of March 31, 2025,
stood at approximately 3 billion cubic meters. With strategic
reserves included, total stock reached 7.9 billion cubic
meters.
Looking ahead, Snam has launched procedures for auctioning
available storage capacity for the 2025/26 thermal year following
the recent publication of key decrees. The auctions will offer
about 10 billion cubic meters of capacity, covering services like
multi-year uniform modulation and peak services. This will be
crucial as Italy aims to inject around 9.4 billion cubic meters
into storage to meet the EU’s minimum 90% filling target.
The auctions are set to begin on April 7, 2025, with the
allocation calendar and further details available to market
participants. Additionally, daily, weekly, and monthly injection
products will remain available to support efficient market
operations.