May 12th, 2014
The Italian Natural Gas
Market: an Overview
Matteo Verda
Istituto per gli Studi di Politica Internazionale - Milano
European gas markets
EU total:
462 Bcm
2013, in Billion cubic metres (39 MJ/cm). Source: Eurogas.
Italian gas markets
In Billion cubic metres (39 MJ/cm). Source: OECD and Ministero dello sviluppo economico.
Italian gas supply
In Billion cubic metres (39 MJ/cm). Source: Ministero dello sviluppo economico.
Italian gas supply (2)
imports
production
Source: Snam Rete Gas and Ministero dello sviluppo economico.
Italian gas supply
2012
2013
domestic production
8
8
Russia
23
30
Algeria
20
12
Norway and Netherlands
9
7
Libya
6
6
Cavarzere LNG
6
5
Panigaglia LNG
1
0
Livorno LNG
0
0
storage and others
-1
1
gross consumption
73
68
In Billion cubic metres (39 MJ/cm). Source: Ministero dello sviluppo economico.
Italian gas supply
2012. In Billion cubic metres (39 MJ/cm). Source: Ministero dello sviluppo economico.
Infrastructures: max theoretical capacity
Mmc/d
Bcm/y
domestic production
23
8
Russia
105
33
Algeria
101
31
Northern Europe
58
18
Libya
33
10
LNG
52
16
total
372
116
2013. GCV: 39 MJ/mc. Source: GIE and Ministero dello sviluppo economico.
Source: GIE.
Italian demand
winter
summer
Source: Snam Rete Gas and Ministero dello sviluppo economico.
Final consumption
2011
2012
2013
2013-2011
residential and commercial
33
33
33
0%
power generation
27
24
20
-25%
industrial
13
13
13
-3%
others
3
3
2
-17%
total
76
73
68
-10%
In Billion cubic metres (39 MJ/cm). Source: Snam Rete Gas.
Prices - residential
price
taxes
€/1.000 cm. First half 2013. Source: Eurostat, [nrg_pc_202].
Prices - industrial
price
taxes
€/1.000 cm. First half 2013. Source: Eurostat, [nrg_pc_203].
Thanks!
Matteo Verda, Istituto per gli Studi di Politica Internazionale (ISPI) – Milano
mail:
[email protected]
blog:
www.sicurezzaenergetica.it
Twitter: @matteoverda
Linkedin: Linkedin/in/matteoverda