snam.it
Snam – Integrated Platform for optimisation in gas infrastructures construction and operationsMr. Andrea StegherSVP Marketing Global Solutions
Ravenna, March 14th 2018
REM – Ravenna, 14th March 2018
Snam at a glance
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19.4 bn€ Regulated Asset Base in Italy. High-pressure transport network, storage
sites and LNG terminal21.3 bn€ RAB including associates
Consolidated experience in developing and managing complex projects.
5 bn€ capex in large-scale and long-term projects in the period 2017-2021
European presence through 5 International associates
Key figuresMarket Capitalization: ~€ 15 bn
Enterprise value: ~€ 26 bnEBITDA adj. 2016: € 1.9 bn
Net Profit pf adj. 2016: € 845 m
Shareholding structure
30.3% 69.6%
REM – Ravenna, 14th March 2018 3
Over 75 years of development and innovation….
Natural gasexpansion
Network growth:From 4.000km to
>15.000km
Storage initial development
1st LNG terminal
Import infrastructures development
TransitgasTAG
TENPTransmed
GreenstreamBluestream
Liberalization and listing on stock
exchange
Snam Establishment
Start methanization of Italy
1941 1960-1970 1970 - 2000 2001 - 2012 2013 - 2017
Unbundling from Eni
Acquisitions:Italgas, Stogit, TIGF, TAG, Interconnector, TAP, GCA
A new model: Regulation and TPA
• OPEX reduction in the last 9 years:• Transport 36%• Storage 16%
HSE and emission rates in the last 5 years:• - 89% Total Injuries• - 89% LTIF• - 81% Severity Rate• - 12% CH4
• - 51% NOx
… which delivered robust performances…
• 3,800+ projects realized in the last 10 years• +12% network extension (construction of newpipelines)
~30% of which in 48”-56” diameter € 8.8 bn (85% on total spending)
• +40% compression capacity (upgrading and newCS)
€ 800 m (~1% on total capex)• +20% of storage capacity (upgrading and newfields/levels)
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A seamless combination of effective growth and increased efficiency
E&C Project Management O&M
HSE
In 2017 Snam, for the second year in a row, the company has been awarded a position on the Climate change A List, CDP’s highest scoring level, which includes only 112 companies from all over the world
In the Dow Jones Sustainability World Index, the most prestigious global stock exchange index for Corporate Social Responsibility, Snam obtained an overall score of 82 points
Snam has been selected for inclusion in the UN Global Compact 100 (“GC 100”). The index lists the 100 companies which globally outstand for executive leadership commitment and consistent baseline profitability, as well as their adherence to the Global Compact’s ten principles, on human rights, labour, environment and anti-corruption issues.
… and a continuos search for performance excellence …
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Certifications obtained Sustainable indices
ISO 9001Company level (Snam Rete Gas, Italgas)
ISO 14001 Company level (Snam, Snam Rete Gas, GNL Italia, Stogit, Italgas)
BS OHSAS 18001 Company level (Snam, Snam Rete Gas, GNL Italia Stogit, Italgas)
ISO 22301 Dispatching (Snam Rete Gas)Gas process systems (Snam Rete Gas)
ISO/IEC 27001Dispatching (Snam Rete Gas)Green Data Center (Snam Rete Gas)Emergency operative centre (Snam Rete Gas)
ISO 17025 Laboratory for testing (Snam Rete Gas, Italgas)Laboratory for calibration (Snam Rete Gas, Italgas)
Design and supply of metering and accounting of natural gas (Stogit)
REM – Ravenna, 14th March 2018
… to build our leadership in European gas infrastructure
Source: Snam elaboration on public data 5
Transport (Pipelines length, km) Storage (Capacity, bcm)
7.000
7.660
7.800
12.000
12.500
15.500
32.450
40.200 29
compressionstations
~1700 MW
2,5
0,2
0,7
3,4
0,4
11,7
19,5 11 storageplants
REM – Ravenna, 14th March 2018 7
Snam in Italy, 2016
of networks
compression stations
natural gas injected into the network
of available storage capacity
storage fields
annual regassification capacity
Employees
32,500 KM
11
75.1 bcm
16.5 bcm
9
3.5 bcm
3.000
REM – Ravenna, 14th March 2018
What
Rationale
Target clients
• A way to leverage on Snam’s competences as the owner and operator of thelargest European gas network, offering an advisoring partnership service in theMidstream value chain worldwide
• Being a Partner in accelerating the growth and efficiency in gas markets• Support the clients as a System Integrator for the whole gas value chain• Focus on high-value services• Synergy with organic development projects
• Governments and Authorities to design and develop gas infrastructure systems• Gas Transport&Storage Co. to improve efficiency leveraging on Snam track record results• Project Companies to realize and manage gas infrastructures (e.g. TAP)• O&G companies with midstream responsibilities (out of Europe)
Main activities
• Assessment of the gas value chain identifying the areas of improvement• Regulatory design , infrastructure integrated planning, CNG• Project Management, O&M, Technical and Commercial operations• ICT tailor made systems development and digital solutions for technical and
commercial operations• Asset Integrity & CyberSecurity
Snam Global Solutions
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65 Applications Focus on core business competences due to the
uniqueness of the market Complete mobilization
Operations
58 Applications High level of processes digitalization and standardization Dematerialization, usability enhancement and
mobilization program
Staff and Corporate
Commercial
Dispatching
24 Applications Business continuity and complete coverage of
regulation Revamping of applications for usability renewal and
integration program
12 Applications IOT Continuous improvement and analytics program
for decision support applications
ICT Applications Demand and Delivery
Digital innovation Building Blocks architectureICTBusiness
Service Catalogue Business oriented architecture
Architecture and digital scouting
Snam has developed a highly structure approach to achieve applications innovation and integration
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Key Snam customized ICT tools – O&M tools Smart Gas: an innovative solution for the whole asset lifecycle
Snam strong technical know-how combined with distinctive ICT expertise brings complex innovation on-field
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CARTESIO
MASTER/OFFICEWEB/MOBILE
SCHE.MA.
EAM MAXIMO
ENTERPRISE ASSET MANAGEMENT
WFM(Ra.D.I.Ca / SAM)
MAINTENANCE ACTIVITES SCHEDULER AND
MANAGEMENT
e-DOCDOCUMENT MANAGEMENT
SAPSERVICE MANAGEMENT,
CONCESSIONS AND DAMAGES
Key Snam customized ICT tools – O&M tools Smart Gas: an innovative solution for the whole asset lifecycle
Snam integrated and customized solution recognized as world-class success story