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AleAnna Announces Signing of Gas Sale Contract with Shell Energy Europe
Thursday, 19th December at 7:00 am
AleAnna Secures A Contract To Sell Its Gas To Shell Energy Europe Ltd, A Leading Natural Gas, Power And Environmental Trading Company Across European Markets
• AleAnna has signed a multi-year gas sales agreement with Shell Energy Europe Ltd for its share of the Longanesi production to ensure secure natural gas
• Longanesi production is expected to commence in Q1 2025
DALLAS and ROME, Dec. 19, 2024 (GLOBE NEWSWIRE) -- AleAnna (NASDAQ: ANNA), a leading energy company in Italy, has signed an exclusive gas supply agreement with Shell Energy Europe Ltd. This significant contract reinforces AleAnna's long-term commitment to Italy and its flagship Longanesi project.
The gas will be supplied from the Longanesi Field, located in the Emilia-Romagna region of Italy, with production scheduled to commence in the first quarter of 2025. This agreement marks an important milestone for AleAnna, demonstrating its dedication to delivering clean and secure energy to meet Italy's domestic needs.
Partnering with Shell Energy Europe Ltd. is essential to ensuring that AleAnna's customers receive reliable and uninterrupted access to natural gas. Shell's extensive infrastructure, logistics expertise, and market reach enable efficient and timely delivery of gas from the Longanesi Field to end-users across Italy. This collaboration guarantees a dependable supply chain, even in volatile markets, and reinforces AleAnna's ability to meet the energy needs of domestic consumers and businesses.
This multiyear partnership underscores AleAnna's strategic focus on responsibly developing Italy's natural gas resources, providing reliable energy supply while contributing to the nation's energy security and sustainability objectives.
Thursday, 19th December at 7:00 am
AleAnna Secures A Contract To Sell Its Gas To Shell Energy Europe Ltd, A Leading Natural Gas, Power And Environmental Trading Company Across European Markets
• AleAnna has signed a multi-year gas sales agreement with Shell Energy Europe Ltd for its share of the Longanesi production to ensure secure natural gas
• Longanesi production is expected to commence in Q1 2025
DALLAS and ROME, Dec. 19, 2024 (GLOBE NEWSWIRE) -- AleAnna (NASDAQ: ANNA), a leading energy company in Italy, has signed an exclusive gas supply agreement with Shell Energy Europe Ltd. This significant contract reinforces AleAnna's long-term commitment to Italy and its flagship Longanesi project.
The gas will be supplied from the Longanesi Field, located in the Emilia-Romagna region of Italy, with production scheduled to commence in the first quarter of 2025. This agreement marks an important milestone for AleAnna, demonstrating its dedication to delivering clean and secure energy to meet Italy's domestic needs.
Partnering with Shell Energy Europe Ltd. is essential to ensuring that AleAnna's customers receive reliable and uninterrupted access to natural gas. Shell's extensive infrastructure, logistics expertise, and market reach enable efficient and timely delivery of gas from the Longanesi Field to end-users across Italy. This collaboration guarantees a dependable supply chain, even in volatile markets, and reinforces AleAnna's ability to meet the energy needs of domestic consumers and businesses.
This multiyear partnership underscores AleAnna's strategic focus on responsibly developing Italy's natural gas resources, providing reliable energy supply while contributing to the nation's energy security and sustainability objectives.
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