1 Table of Contents 1 Table of Contents 2 1.1 List of Tables 6 1.2 List of Figures 9 2 Introduction 10 2.1 What is This Report About? 10 2.2 Market Definition 10 3 Italy Energy Sector 13 3.1 Italy Energy Sector, Market Overview 13 3.2 Italy Energy Sector, Oil 14 3.2.1 Italy Oil, Overview 14 3.2.2 Italy Oil, Supply and Demand Balance 14 3.2.3 Italy Crude Oil, Regulatory Structure 20 3.3 Italy Energy Sector, Gas 21 3.3.1 Italy Gas, Overview 21 3.3.2 Italy Gas, Supply and Demand Balance 21 3.3.3 Italy Natural Gas, Regulatory Structure 27 4 Italy LNG Industry 28 4.1 Italy LNG Industry, Regasification 28 4.1.1 Italy LNG Industry, Regasification, Key Data 28 4.2 Italy LNG Industry, Regasification, Overview 28 4.2.1 Italy LNG Industry, Total Regasification Capacity 28 4.3 Italy LNG Industry, Regasification, Capacity by Major Companies 30 4.4 Italy LNG Industry, Regasification, Capacity by Terminal 31 4.5 Italy LNG Industry, Regasification Asset Details 32 4.5.1 Italy LNG Industry, Regasification Active Asset Details 32 4.5.2 Italy LNG Industry, Regasification Planned Asset Details 36 5 Italy Oil Storage Industry 42 5.1 Italy Oil Storage Industry, Key Data 42 5.2 Italy Oil Storage Industry, Overview 42 5.3 Italy Oil Storage Industry, Storage Operations 42 5.3.1 Italy Oil Storage Industry, Total Storage Capacity 42 5.4 Italy Oil Storage Industry, Storage Capacity by Major Companies 44 5.5 Italy Oil Storage Industry, Storage Capacity Share by Area 45 5.6 Italy Oil Storage Industry, Storage Capacity by Terminal 46 5.7 Italy Oil Storage Industry, Asset Details 48 5.7.1 Italy Oil Storage Industry, Active Asset Details 48 6 Italy Oil and Gas Pipelines Industry 83 6.1 Italy Oil Pipelines 83 6.1.1 Italy Oil Pipelines, Key Data 83 6.1.2 Italy Oil Pipelines, Overview 83 6.2 Italy Oil and Gas Pipelines Industry, Crude Oil Pipeline Length by Major Companies 83 6.3 Italy Oil and Gas Pipelines Industry, Crude Oil Pipelines 84 6.4 Italy Oil and Gas Pipelines Industry, Petroleum Products Pipeline Length by Major Companies 85 6.5 Italy Oil and Gas Pipelines Industry, Petroleum Products Pipelines 86 6.6 Italy Oil and Gas Pipelines Industry, Oil Pipelines Asset Details 87 6.6.1 Italy Oil and Gas Pipelines Industry, Oil Pipelines Active Asset Details 87 6.7 Italy Gas Pipelines 96 6.7.1 Italy Gas Pipelines, Key Data 96 6.7.2 Italy Gas Pipelines, Overview 96 6.8 Italy Oil and Gas Pipelines Industry, Natural Gas Pipeline Length by Major Companies 96 6.9 Italy Oil and Gas Pipelines Industry, Natural Gas Pipelines 98 6.10 Italy Oil and Gas Pipelines Industry, Gas Pipelines Asset Details 101 6.10.1 Italy Oil and Gas Pipelines Industry, Gas Pipelines Active Asset Details 101 6.10.2 Italy Oil and Gas Pipelines Industry, Gas Pipelines Planned Asset Details 140 7 Italy Underground Gas Storage Industry 150 7.1 Italy Underground Gas Storage Industry, Key Data 150 7.2 Italy Underground Gas Storage Industry, Overview 150 7.3 Italy Underground Gas Storage Industry, Gas Storage Capacity by Company 150 7.4 Italy Underground Gas Storage Industry, Storage Capacity by Area 152 7.5 Italy Underground Gas Storage Industry, Storage Capacity by Facility 153 7.5.1 Italy Underground Gas Storage Industry, Storage Capacity by Active Facilities 153 7.5.2 Italy Underground Gas Storage Industry, Storage Capacity by Planned Facilities 154 7.6 Italy Underground Gas Storage Industry, Asset Details 155 7.6.1 Italy Underground Gas Storage Industry, Active Asset Details 155 7.6.2 Italy Underground Gas Storage Industry, Planned Asset Details 167 8 Italy Gas Processing Industry 187 8.1 Italy Gas Processing Industry, Overview 187 8.2 Italy Gas Processing Industry, Gas Processing Capacity by Company 187 8.3 Italy Gas Processing Industry, Gas Processing Capacity 187 8.4 Italy Gas Processing Industry, Asset Details 188 8.4.1 Italy Gas Processing Industry, Active Asset Details 188 9 Recent Contracts 189 9.1 Detailed Contract Summary 189 9.1.1 Awarded Contracts 189 10 Financial Deals Landscape 209 10.1 Detailed Deal Summary 209 10.1.1 Acquisition 209 10.1.2 Debt Offerings 210 11 Recent Developments 214 11.1 Other Significant Developments 214 11.1.1 Oct 19, 2016: HIGAS Secures Final Permit For Small Scale LNG Project In Santa Giusta, Italy 214 11.1.2 Oct 18, 2016: Chevron Team Visits CPC Marine Terminal At Novorossiysk 214 11.1.3 Oct 17, 2016: First Kashagan Oil Is In CPC Pipeline System 215 11.1.4 Oct 03, 2016: Gazprom And Snam Discuss Potential Areas Of Cooperation In Gas Sector 216 11.1.5 Aug 30, 2016: Gazprom And Edison Discuss Southern Route Of Russian Natural Gas Supplies To Europe 217 11.1.6 Aug 29, 2016: Government of Montenegro signs EPCG shareholders’ agreement with Italian A2A power company 217 11.1.7 Aug 24, 2016: Italian FSRU Receives LNG Cargo From Qatar 218 11.2 New Contracts Announcements 219 11.2.1 Sep 12, 2016: Po Valley Energy Announces Bezzecca Update: Master Contract Signed And Pipeline Construction Commenced 219 11.2.2 Jul 20, 2016: Siemens To Supply Compressor Trains For Trans Adriatic Pipeline 220 11.2.3 Jun 29, 2016: RasGas To Ship LNG To EDF's Dunkerque Terminal 221 11.2.4 May 04, 2016: TAP Awards Compressor Stations Contract To Italian-Greek Joint Venture 222 12 Appendix 224 12.1 Abbreviations 224 12.2 Methodology 224 12.2.1 Coverage 224 12.2.2 Secondary Research 225 12.3 Disclaimer 225

1.1 List of Tables Table 1: Oil Industry, Italy, Historical and Forecast of Oil Production and Consumption (mbd), 2000-2020 15 Table 2: Oil Industry, Italy, Historical and Forecast of Oil Exports and Imports (mbd), 2000-2020 17 Table 3: Oil Industry, Italy, Historical Crude Oil Reserves (mmbbl), 2000-2015 19 Table 4: Gas Industry, Italy, Historical and Forecast of Gas Production and Consumption (bcf), 2000-2020 22 Table 5: Gas Industry, Italy, Historical and Forecast of Gas Imports (bcf), 2000-2020 24 Table 6: Gas Industry, Italy, Historical Natural Gas Reserves (tcf), 2000-2015 26 Table 7: LNG Industry, Italy, Regasification Key Statistics, Oct 2016 28 Table 8: LNG Industry, Italy, Total Regasification Capacity (bcf), 2011-2021 28 Table 9: LNG Industry, Italy, Regasification Capacity by Major Companies (bcf), 2011-2021 30 Table 10: LNG Industry, Italy, Regasification Capacity (bcf), 2011-2021 31 Table 11: Oil Storage Industry, Italy, Key Statistics, Oct 2016 42 Table 12: Oil Storage Industry, Italy, Total Storage Capacity (mcm), 2011-2021 42 Table 13: Oil Storage Industry, Italy, Storage Capacity by Major Companies (mcm), 2011-2021 44 Table 14: Oil Storage Industry, Italy, Storage Capacity (mcm), 2011-2021 46 Table 15: Oil Storage Industry, Italy, Storage Capacity (mcm), 2011-2021 (Contd.1) 47 Table 16: Oil and Gas Pipelines Industry, Italy, Oil Pipelines Key Statistics, Oct 2016 83 Table 17: Oil and Gas Pipelines Industry, Italy, Crude Oil Pipeline Length by Major Companies (km), Oct 2016 83 Table 18: Oil and Gas Pipelines Industry, Italy, Crude Oil Pipelines, Oct 2016 84 Table 19: Oil and Gas Pipelines Industry, Italy, Petroleum Products Pipeline Length by Major Companies (km), Oct 2016 85 Table 20: Oil and Gas Pipelines Industry, Italy, Petroleum Products Pipelines, Oct 2016 86 Table 21: Oil and Gas Pipelines Industry, Italy, Gas Pipelines Key Statistics, Oct 2016 96 Table 22: Oil and Gas Pipelines Industry, Italy, Natural Gas Pipeline Length by Major Companies (km), Oct 2016 96 Table 23: Oil and Gas Pipelines Industry, Italy, Natural Gas Pipelines, Oct 2016 98 Table 24: Oil and Gas Pipelines Industry, Italy, Natural Gas Pipelines, Oct 2016 (Contd.1) 99 Table 25: Oil and Gas Pipelines Industry, Italy, Natural Gas Pipelines, Oct 2016 (Contd.2) 100 Table 26: Underground Gas Storage Industry, Italy, Key Statistics, Oct 2016 150 Table 27: Underground Gas Storage Industry, Italy, Gas Storage Capacity by Company (mmcf), Oct 2016 150 Table 28: Underground Gas Storage Industry, Italy, Active Gas Storage Capacity (mmcf), Oct 2016 153 Table 29: Underground Gas Storage Industry, Italy, Planned Gas Storage Capacity (mmcf), Oct 2016 154 Table 30: Gas Processing Industry, Italy, Gas Processing Capacity by Company (mmcf), Oct 2016 187 Table 31: Gas Processing Industry, Italy, Active Gas Processing Capacity (mmcf), Oct 2016 187 Table 32: JFE Steel Secures Subcontract From Consortium Of Greek Pipe manufacturer Corinth Pipeworks Pipe Industry and Marubeni-Itochu 189 Table 33: Himachal Futuristic Communications Limited (HFCL) Secures Contract From Trans Adriatic Pipeline 190 Table 34: Rocco Guerrisi Costruzioni Secures Contract Worth €7.63 Million (US$8.56 Million) From Societa Italiana per il Gas 192 Table 35: Rocco Guerrisi Costruzioni Secures Contract Worth €8.23 Million (US$9.25 Million) From Societa Italiana per il Gas 193 Table 36: Falf Secures Contract Worth €8.34 Million (US$9.36 Million) From Societa Italiana per il Gas 194 Table 37: Cason Inc., Secures Contract From Snam Rete Gas 195 Table 38: Salzgitter Mannesmann International Secures Contract From Trans Adriatic Pipeline (TAP) 196 Table 39: Saipem Secures Contract From Trans Adriatic Pipeline (TAP) 197 Table 40: Hill International Secures Contract From Technipetrol Hellas 198 Table 41: Saipem Secures Contract Worth Approximately €360 Million (US$392.75 Million) From Ital Gas Storage (IGS) 200 Table 42: Enereco and Max Streicher Secures Contract From Trans Adriatic Pipeline (TAP) 201 Table 43: Renco Secures Contract From Trans Adriatic Pipeline (TAP) 202 Table 44: Salzgitter Mannesmann Secures Contract From Trans Adriatic Pipeline (TAP) 203 Table 45: Rana Diving Secures Five Year Contract From Adriatic LNG 204 Table 46: Technip Secures Contract From Trans Adriatic Pipeline (TAP) 206 Table 47: RMA Pipeline Equipment Secures Contract From Trans Adriatic Pipeline (TAP) 207 Table 48: EISER Infrastructure To Sell Societa Gasdotti Italia To Macquarie Infrastructure And Swiss Life Asset Managers 209 Table 49: Eni Completes Private Placement Of Equity-Linked Bonds, Due 2022 For US$455.2 Million 210 Table 50: Snam Completes Private Placement Of 1.375% Notes, Due 2023, For US$827 Million 212 1.2 List of Figures Figure 1: Energy Industry, Italy, Primary Energy Consumption Split by Fuel Type (%), 2015 13 Figure 2: Oil Industry, Italy, Historical and Forecast of Oil Production and Consumption (mbd), 2000-2020 16 Figure 3: Oil Industry, Italy, Historical and Forecast of Oil Exports and Imports (mbd), 2000-2020 18 Figure 4: Oil Industry, Italy, Historical Crude Oil Reserves (mmbbl), 2000-2015 20 Figure 5: Gas Industry, Italy, Historical and Forecast of Gas Production and Consumption (bcf), 2000-2020 23 Figure 6: Gas Industry, Italy, Historical and Forecast of Gas Imports (bcf), 2000-2020 25 Figure 7: Gas Industry, Italy, Historical Natural Gas Reserves (tcf), 2000-2015 27 Figure 8: LNG Industry, Italy, Total Regasification Capacity (bcf), 2011-2021 29 Figure 9: LNG Industry, Italy, Regasification Capacity by Major Companies (bcf), 2011-2021 30 Figure 10: Oil Storage Industry, Italy, Total Storage Capacity (mcm), 2011-2021 43 Figure 11: Oil Storage Industry, Italy, Storage Capacity by Major Companies (mcm), 2011-2021 44 Figure 12: Oil Storage Industry, Italy, Storage Capacity Share by Area (%), 2016 45 Figure 13: Oil and Gas Pipelines Industry, Italy, Crude Oil Pipeline Length by Major Companies (km), Oct 2016 84 Figure 14: Oil and Gas Pipelines Industry, Italy, Petroleum Products Pipeline Length by Major Companies (km), Oct 2016 85 Figure 15: Oil and Gas Pipelines Industry, Italy, Natural Gas Pipeline Length by Major Companies (km), Oct 2016 97 Figure 16: Underground Gas Storage Industry, Italy, Gas Storage Capacity by Company (mmcf), Oct 2016 151 Figure 17: Underground Gas Storage Industry, Italy, Working Gas Capacity by Area (%), Oct 2016 152