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9 March 2026Italian natural gas infrastructure firm Snam plans to invest €200m ($231.7m) by 2030 to develop a hydrogen pipeline backbone.
The funding forms part of the firm’s €14bn ($16.2bn) 2026–2030 investment plan, which also includes spending on energy efficiency, biomethane, carbon capture, as well as expansion and upgrades to fossil fuel infrastructure.
The €200m is related to Snam Rete Gas’ Italian Hydrogen Backbone project, which was awarded project of common interest status by the EU to streamline permitting.
It would establish a 1,900km hydrogen transportation network – around 60% converted natural gas infrastructure – across Italy.
