Edison CEO Nicola Monti said the group had two pipeline contracts that would expire in the next two years. — Reuters
MILAN: Italian gas and electric utility Edison plans to replace some gas volumes from pipeline contracts with liquefied natural gas (LNG) to gain more flexibility in managing demand, according to its chief executive officer (CEO) on Wednesday.
The company earlier announced a 15-year agreement with Shell to purchase about 0.7 million tonnes per year of US LNG starting in 2028.
