Italian energy utility Snam inks pacts to enter India gas, hydrogen market
Italian energy utility Snam on Friday signed agreements with Indian Oil Corporation (IOCL), Adani Group and Greenko to enter the Indian market, with a focus on natural gas, hydrogen and low-carbon mobility.
The company has signed a memorandum of understanding with IOCL for possible joint initiatives in the natural gas infrastructure value chain, particularly for storage and regasification. It has also signed separate preliminary agreements with the Adani Group and Greenko for jointly exploring and developing the hydrogen value chain in India.
