Italian Minister Reports Healthy Gas Storage Levels in Italy and Europe

Written by Emily J. Thompson, Senior Investment Analyst

Source: Reuters

Updated: Sep 06 2025

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Source: Reuters

Gas Storage Levels: Italian Energy Minister Gilberto Pichetto Fratin reported that gas storage levels in Europe are satisfactory, with Italy nearing the EU's 90% target, which is crucial for managing winter demand.
Coal-Fired Plants Status: Despite previous plans to dismantle coal-fired plants by year-end, Pichetto stated that Italy will not proceed due to ongoing geopolitical tensions and energy supply challenges in the Mediterranean.
LNG Imports: Pichetto mentioned that increasing imports of liquefied natural gas (LNG) from the United States is currently feasible, but any decision will depend on pricing.
Impact of Geopolitical Issues: The gas supply in the Mediterranean is being affected by reduced shipping through the Suez Canal and instability in Libya, complicating the energy landscape.

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About the author

Emily J. Thompson

Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.

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