Italy's state-owned GSE to help accelerate gas storage - draft

GSE Systems

30/06/2022 14:55

ROME, June 30 (Reuters) - Italy's state-owned firm GSE will
buy gas to boost stockpiles and help reach the target of filling
the gas storage system to at least 90% of its capacity by
year-end, a draft decree seen by Reuters showed on Thursday. 
    Rome has said it aims to have the country's gas storage
system filled to at least 90% of capacity by the end of this
year, in line with an EU-wide target, up from 58% at present.
    According to the draft, GSE will buy gas worth up to 4
billion euros ($4.17 billion).  

($1 = 0.9602 euros)

 (Reporting by Giuseppe Fonte, writing by Gianluca Semeraro;
editing by Agnieszka Flak)
 ((gianluca.semeraro@tr.com; +39 06 80 307 741;))