
Snam completes agreement to acquire Igneo's stake in OLT

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Snam Spa has agreed to acquire Igneo's 48.2% stake in OLT Offshore LNG Toscana for EUR126 million, gaining full control. The deal, expected to close by mid-2026, is subject to Italian regulatory approvals. OLT operates an FSRU off Livorno with a regasification capacity of 5 billion cubic meters, meeting 8% of Italian demand. Snam CEO highlights the transaction's role in strengthening energy security and leadership in the sector.

