Gas & Power

Eni operates in the supply, transport, distribution and sale of natural gas.

In 2010, sales of natural gas were 97.06 bcm, down 6.66 bcm or 6.4%, mainly due to unfavorable trends on the Italian market. Sales included Eni's own consumption, Eni's share of sales made by equity-accounted entities and upstream sales in Europe and in the Gulf of Mexico.

Eni's power generation sites are located in Ferrera Erbognone, Ravenna, Livorno, Taranto, Mantova, Brindisi, Ferrara and Bolgiano.
In 2010, power generation was 25.63 TWh, up 1.54 TWh, or 6.4% from 2009, mainly due to higher production in particular at the Brindisi and Livorno plant.

Electricity sales (39.54 TWh) were directed to the free market (70%), the Italian power exchange (18%), industrial sites (8%) and others (4%). In 2010, electricity sales increased by 16.4% to 39.54 TWh, driven by a slight recovery in electricity demand and growth in the client base.

Volumes of gas transported in Italy in 2010 were 83.32 bcm increasing by 6.42 bcm from 2009 due to higher gas deliveries related to a recovery in domestic demand.

In 2010, capital expenditures in the Gas & Power segment totaled €1.685 million and mainly related to:

• developing and upgrading Eni's transport network in Italy (€842 million);
• developing and upgrading Eni's distribution network in Italy (€328 million);
• developing and upgrading Eni's storage capacity in Italy (€250 million);
• completion of construction of the combined cycle power plants at the Ferrara site, upgrading and other initiatives to improve flexibility (€115 million);
• the upgrading plan of international pipelines (€17 million).