ENTSOG Southern Corridor (SC) Gas Regional Investment Plan (GRIP) 2014-2023 / Annex B: Infrastructure Projects

PROJECTED CAPACITY INCREASES Interconnection

Capacity (GWh/d)

From Zone

To Zone

Modelled Direction Yes exit Yes entry

Cornegliano

297.00 297.00

Storage Italia

Hub Italia

Hub Italia

Storage Italia

DESCRIPTION OF THE PROJECT

Ital Gas Storage will construct a new gas storage facility located in Lombardy (Italy). The facility will have a working gas volume of 1.3 billion cubic meters (+10% of actual Italian capacity). The maximum injection and withdrawal rate from the facility will be 27 million cubic meters per day (+10% of actual capacity).

EXPECTED BENEFITS

Security of Supply, Market integration (Italy, Southern Europe, Central Europe), Reverse Flows, Diversification of sources, Diversification of routes, N-1 National (Italy), N-1 Regional (West), Back-up for renewables, Cornegliano UGS will contribute to the development of reverse gas flow from South Europe to Central Europe and North Europe by providing shippers with an important source of flexibility and gas modulation at relatively low cost (the national tariff in Italy is the lowest in Europe).

COMMENTS ABOUT THE PROJECT FINANCING Public financing

Private financing

Multilateral financing

Southern Corridor GRIP 2014–2023 Annex B |

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ENTSOG TYNDP 2013-2013 - Annex A