Snam Rete Gas

Energy
Italy
Snam Rete Gas

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."