Italy's gas sector poised for boom once deregulation hurdles cleared

Santa Fe jack up drilling on Rosetta concession in the Nile Delta for operator BG plc. BG signed an agreement in 1997 to supply Rosetta gas to Egyption General Petroleum Corp. BG is slated to begin supply EGPC will 250 MMcfd of Rosetta gas in January. The Rosetta discovery well was drilled in 1997. BG's partners in Rosetta are Edison Internationl, EGPC, and Royal Dutch/Shell.Click here to enlarge imageDeregulation of Italy's natural gas and electricity sectors is setting the stage for a major expansion of that country's gas industry and a transformation of its energy sector as "BTU convergence" continues to spread around the world. Click here to enlarge imageItaly's gas dem...

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