Snam: Italy Gas Storage >90%
Snam's CEO is optimistic about Europe's gas refill season, expecting Italy's gas storage to exceed 90% by the end of October
**Insight: Matters because Europe entered the 2026 injection season with low inventories, while analysts recently flagged that high summer gas prices and LNG dependence made the 90% target harder to reach, though a lower buffer around 75%-80% looked achievable under stable supply.
Snam had already said Italian storage capacity auctions secured volumes consistent with a 90% fill target, with Italian sites at 46.5% in late April and around 50% by end-April, so this is broadly in line with recent company messaging rather than a surprise