Snam Rete Gas

The State of California added Snam Rete Gas to a 2013 list of "entities prohibited from contracting with public entities in California per the Iranian Contracting Act, 2010." (http://www.documents.dgs.ca.gov/pd/poliproc/Iran%20Contracting%20Act%20List.pdf)

Snam Rete Gas has been targeted for divestment by the Florida State Board of Administration as a company involved with the Iranian petroleum sector. (http://www.sbafla.com/fsb/LinkClick.aspx?fileticket=E6x9EbalVSw%3d&tabid=751&mid=2408)

Snam Rete Gas "heads the regulated gas sector in Italy" and manages the transportation, regasification, and storage of natural gas through pipelines throughout Italy. They are 50.03% owned by ENI, had a net profit of 732 million euros in 2008, and 1.25 billion euros of investments (Company Website).  (http://www.snamretegas.com/en/azienda/azienda_snamretegas.shtml)