Group 1 - Edison plans to replace some gas volumes from pipeline contracts with liquefied natural gas (LNG) to gain more flexibility in managing demand, with a 15-year agreement with Shell to purchase around 0.7 million tonnes a year of U.S. LNG starting in 2028 [1][2][3] - The strategy aims to adapt to uncertain consumption trends in Italy and across Europe, allowing the company to resell cargoes to other markets when demand is low [2][4] - Edison has two pipeline contracts expiring in the next two years, one from Algeria for around 1 billion cubic metres a year and another for around 4.4 billion cubic metres partly from Libya, which the company intends to reduce in favor of more LNG [3][4] Group 2 - The CEO of Edison emphasized the importance of flexibility with LNG, enabling the company to move gas to the Italian or European market or divert volumes to emerging economies [4] - Edison is pursuing an arbitration case against Venture Global for allegedly failing to deliver LNG shipments as contracted, with a decision expected by year-end [5] - Other companies, including BP and Galp, have also filed claims against Venture Global, accusing it of prioritizing spot market sales over contracted deliveries [6]