ENEL: ENVIRONMENT MINISTRY GIVES GREEN LIGHT TO GAS STORAGE SITE AT ROMANENGO, NEAR CREMONA

Positive environmental impact assessment on heels of feasibility authorization already received by Enel-F2i joint venture; The work, which will contribute to the nation’s security of supplies, will be carried out with the utmost respect for the territory and for regulations on safety and the environment; Construction will employ up to 200 people for about 2 years.

Rome, May 26th, 2011 – Enel Stoccaggi Srl, a joint venture between Enel (51%) and F2i (49%), received a positive environmental impact assessment subject to conditions for its “Conversion of Romanengo (Cremona) field to natural gas storage”.

The assessment, issued by the Ministry for the Environment in conjunction with the Ministry of Cultural Heritage, with the approval of local governments and other interested agencies, follows the feasibility authorization already received by the Italian joint venture.

The project involves:

the construction of a new gas compression and treatment plant, including a measurement station connected with Snam Rete Gas’s network;

       the drilling of 5 new wells across 2 cluster areas;
      
       the laying of pipelines connecting the plant and the cluster areas.

''This is an important measure,” explains Francesco Giorgianni, CEO of Enel Stoccaggi Srl, “since it rests upon a work that will contribute to a secure gas supply for our country, while showing the utmost respect for regulations on the environment and safety and for the preservation of territory”.

Pending approval of the concession by the Ministry for Economic Development, Enel Stoccaggi Srl has indicated that construction of the plant will employ as many as 200 people for around 24 months.