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VTTI, Snam see EU clearance decision in Adriatic LNG terminal deal published

( April 7, 2025, 13:15 GMT | Official Statement) -- MLex Summary: The European Commission today released the public version of its earlier decision to approve plans by energy storage group VTTI and Italian grid operator Snam to acquire joint control in the domestic liquefied natural gas terminal Terminale GNL Adriatico. In November, the merger regulator said it was unlikely that Snam could pursue a price-hike strategy at LNG regasification terminals in Italy.The public version of the decision is attached. Case reference is M.11568. ...

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