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Snam Rete Gas

Snam Rete Gas

Industry: 
Energy
Country: 
Italy
Sources: 

Snam Rete Gas "heads the regulated gas sector in Italy" and manages the transportation, regasification, and storage of natural gas through pipelines throughout Italy. They are 50.03% owned by ENI, had a net profit of 732 million euros in 2008, and 1.25 billion euros of investments (Company Website). 

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Snam Rete Gas has been targeted for divestment by the Florida State Board of Administration as a company involved with the Iranian petroleum sector.

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The State of California added Snam Rete Gas to a 2013 list of "entities prohibited from contracting with public entities in California per the Iranian Contracting Act, 2010."

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