For the sale of Isab di Priolo, the Sicilian refinery owned by the Russian group Lukoil, the government is ready to apply the golden power, that is, the participation that gives the state the right of veto by virtue of the strategic importance of a company.
The Ministry of Enterprise and Made in Italy, led by Adolfo Urso, has “confirmed that discussions are underway with various national and international companies” interested in acquiring the Sicilian plant. But depending on the “strategic role” that the plant plays in “guaranteeing the country’s energy supply” – it is explained – “all interested parties” were illustrated the legislative context “envisaged by the golden power”, in order to “guarantee the development” of the production pole also as regards “production, employment levels and full compliance with environmental standards”.
The interest of the US Crossbridge fund has been known for some time in the Priolo plant.
But in the last few hours that of would also have popped up a consortium referring to a businessman from Qatar, Ghanim Bin Saad Al Saad, together with some investors from our house. The Qatari-led consortium was allegedly presented to the Italian government by a team of consultants which also includes former prime minister Massimo D’Alema.
Saad Al Saad in Doha is one of the richest businessmen in Qatar: about 30 years ago he created the GSSG conglomerate made up of 45 companies in various sectors such as aviation, real estate, asset management, communications, as well to hydrocarbons.
A delegation from the new consortium has already met in recent days in Rome with the Minister of the Environment and Energy Security Gilberto Pichetto, who is dealing with the Priolo case with Minister Urso and with the Minister of Economy Giancarlo Giorgetti. However, there is no confirmation from the Ministry of the Environment and Energy Security.
The Priolo refinery was saved last week by a decree from the Meloni government which placed it under trusteeship for the next two years.
In fact, since last December 5, it risked being stopped due to the entry into force of the European embargo on Russian oil. The solution found guaranteed production and safeguarded 10,000 jobs, considering related industries. The Isab-saving decree is also accompanied by the reassurances given to the Ministry of Enterprise by the American authority Olac (Office of Foreign Assets Control’s): a “comfort letter” with the guarantee that the banks that will finance the bridging operations for Isab will not be subject to to American sanctions.
In recent days, Minister Urso has therefore made no secret of the fact that ENI could take the field to control Isab di Priolo in this phase, to ensure production continuity. While with the request for temporary administration will also come the appointment of a commissioner who can be appointed for 12 months, which can be extended for another 12.
Meanwhile The thorny story of the Piombino floating regasification terminal is also back in the spotlight.
The owner Snam is working on a solution for a possible offshore repositioning of the regasification terminal off the Tuscan coast.
«The positioning of the offshore platform after the three years in the port of Piombino could be outside Tuscany and for me it could be good news. Snam is finding a solution that will take it out of Tuscany», announced the president of the Tuscany Region, Eugenio Giani.
«The thing that the company has asked me, to work on it, is an extension of the deadline of 150 days. I said it’s not possible, we did the calculations. But I will give Snam an additional 100 days to find a platform outside the Tuscan coast,” Giani specified. The president of Confindustria, Carlo Bonomi, also spoke on the regasification terminal.
“All of Europe is suffering from high energy costs and Italy more than the others for reckless choices made in decades of failed energy and therefore industrial policy”. Bonomi said. «In 200 days, starting from scratch, Germany built its regasification terminal» he underlined, thus urging the Piombino regasification terminal. “It is important that the regasification terminal be built, because it would affect the price of gas in our country,” explained Bonomi.
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