Italy's Snam seeking to shift gas hub away from UK to S Europe
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London
THE centre of gravity in Europe's natural gas market is heading south as one of the continent's biggest pipeline operators builds a system that could make Italy an exporter of the fuel for the first time.
Fortified with new supplies due from a US$5.6 billion pipeline link to the Caspian Sea as well as tankers full of gas in its liquid form, Snam SpA and its chief executive officer Marco Alvera are seeking to place Italy at the crossroads of Europe's gas trade.
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