MILAN, ITALY–(EMWNews – July 28, 2008) – Researched by Industrial Info Resources (Sugar

Land, Texas) — Italy imported 85% of its primary energy in 2006, spending

48 billion euros, or 3.3% of its gross national product. Gas consumption

in 2006 reached 84.5 billion cubic meters (m3), composed of 10.4 billion m3

from national production, 77.6 billion m3 from imports, and 3.6 billion m3

from storage. The major foreign suppliers of gas to Italy are Algeria and

Russia. Italy currently has only one plant to store and regasify liquefied

natural gas (LNG), located in Panigaglia and owned by ENI S.p.A. (NYSE:E)

(Rome). Currently, 10 LNG projects are under development, but only one of

these, located in Rovigo in northeastern Italy, will be completed by the

end of this year.

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