SFBM carries out technical and administrative services for the CNG Cylinders Fund Committee.
Servizi Fondo Bombole Metano (SFBM) was created in 1999 following the sale of the business activity conducted by the Finance & Administration Department of Eni Corporate in Rome. The company provides technical and administrative services for the Comitato Fondo Bombole Metano attributing all operating costs through the Gestione Fondo Bombole Metano. The Comitato Fondo Bombole Metano is institutionally responsible for guaranteeing optimal safety condictions in the use of natural gas cylinders for transportation.
Law n. 640 and its relative regulations, introduced on 8 July 1950, established the rules for the circulation and use of natural gas canisters and the creation of a special fund, the “Fondo Bombole Metano”, to meet the cost of running the service in the public interest. The fund is administered by a committee made up of 9 members as follows:
2 representatives of the Ministry for Economic Development (on of whom will be the Chairman as controlling minister),
1 representative of the Ministry the Economy and Finance,
1 representative of the Ministry for Infrastructure and Transport,
1 representative of the of the association of natural gas suppliers,
1 representative of Eni SpA,
1 representative of Servizi Fondo Bombole Metano SpA,
2 representatives from trade associations.
Law n. 640 of 8 July 1950 and the relative regulations for implementation govern the circulation and use of natural gas cylinders for and the creation of the “Fondo Bombole Metano” aimed at meeting the costs for running a public service. The Fund is administered by a committee composed of representatives of the Ministry of Economic Development, Economy and Finance, the Ministry of Infrastructure and Transport, natural gas producers, owners of cylinders for natural gas, distributors and transporters of natural gas and two representatives of Eni.
The Committee:
is responsible for guiding and controlling the optimal safety of operating conditions of the natural gas cylinders for road haulage
does not have legal standing, but is autonomous in terms of the assets required and accounting of activities to ensure the fulfilment of its institutional role
administers the Fund that records its activities in separate accounts from those of SFBM and are accounted in a special report drawn up by the Committee and forwarded to the relevant ministries.
Management Control is entrusted to a special Board of Auditors which, in compliance with the law, plays a similar role to that of the Board of Statutory Auditors in the Articles of Association of joint stock companies. The law foresees that all users who have chosen natural gas as fuel for automotive purposes pay a fee related to the natural gas supplied. Such fees are then diverted to the Fund administered by a Committee appointed by the Minister of Productive Activities jointly with the Ministry of Economy and Finance.
The Fondo Bombole Metano was established on 8 July 1950. On 8 August 1992 Law no. 359 transformed the then Ente Nazionale Idrocarburi into Eni SpA and Law n. 333 of 11 July 1993 the activities of the previously state-owned body were attributed in the form of a licence to the company resulting from the transformation. On 5 January 1998 the Ministry of Industry, Commerce and Handicrafts, in consultation with the Secretary of the Treasury, Economic Budgeting and Planning and the Ministry of Finance issued a decree granting Eni S.p.A. the exercise of activities relating to the Fondo Bombole Metano for twenty years, enabling Eni SpA to conduct such activities through a subsidiary company. SFBM SpA. was established in December 1999.
Technical activities of the plant
testing of cylinders using a hydraulic test presented in line with expiry dates (4 or 5 years).
inspection by hydraulic and ultrasound tests of composite cylinders installed on public transport in line with expiry dates (four years).
replacement of cylinders that are no longer suitable for use.
cylinder punching activities.
Headquarter technical activities
monthly monitoring of fuel consumption with monthly updates and a mapping of manufacturers, distributors and natural gas service stations
management of test certificates for cylinders installed on public and private transport
management of the registration of cylinders in circulation
assistance for safety activities at natural gas filling stations
Administrative activities
The SFBM carries out administrative activities on behalf of the Comitato Fondo Bombole Metano. In particular, it manages the proceeds of the contributions from:
suppliers of natural gas to service stations proportional to the amount of gas supplied.
owners of “gas cylinder wagons” designed to transport natural gas in proportion to the number of cylinders transported.
buyers of newly manufactured or imported cylinders. The SFBM also manages receipts from the sale of cylinders no longer suitable for use. The SFBM SpA provides for the mandatory review of cylinders used as natural gas fuel tanks of motor vehicles registered in Italy. It also checks the structural integrity of the cylinders for compliance with current safety standards, thereby exercising functions of a public nature (technical and administrative) as foreseen by Law 640 of 07.08.1950 and amended by Law 145 of 7.6.1990.
THIS WEBSITE (AND THE INFORMATION CONTAINED HEREIN) DOES NOT CONTAIN OR CONSTITUTE AN OFFER OF SECURITIES FOR SALE, OR SOLICITATION OF AN OFFER TO PURCHASE SECURITIES OR IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR INTO THE UNITED STATES (INCLUDING ITS TERRITORIES AND POSSESSIONS, ANY STATE OF THE UNITED STATES AND THE DISTRICT OF COLUMBIA) OR FOR THE ACCOUNT OR BENEFIT OF ANY U.S. PERSON AS THAT TERM IS DEFINED IN THE SECURITIES ACT (A "U.S. PERSON"), AUSTRALIA, CANADA, JAPAN OR SOUTH AFRICA OR ANY OTHER JURISDICTION WHERE SUCH AN OFFER OR SOLICITATION WOULD REQUIRE THE APPROVAL OF LOCAL AUTHORITIES OR OTHERWISE BE UNLAWFUL (THE "OTHER COUNTRIES"). THE SECURITIES REFERRED TO HEREIN HAVE NOT BEEN AND WILL NOT BE REGISTERED UNDER THE U.S. SECURITIES ACT OF 1933, AS AMENDED (THE "SECURITIES ACT"), OR PURSUANT TO THE CORRESPONDING REGULATIONS IN FORCE IN AUSTRALIA, CANADA, JAPAN, SOUTH AFRICA OR THE “OTHER COUNTRIES” AND MAY NOT BE OFFERED OR SOLD IN THE UNITED STATES OR TO A U.S. PERSON UNLESS THE SECURITIES ARE REGISTERED UNDER THE SECURITIES ACT, OR AN EXEMPTION FROM THE REGISTRATION REQUIREMENTS OF THE SECURITIES ACT IS AVAILABLE. NO PUBLIC OFFERING OF SUCH SECURITIES IS INTENDED TO BE MADE IN THE UNITED STATES, AUSTRALIA, CANADA, JAPAN OR IN THE “OTHER COUNTRIES.”
In any Member State of the European Economic Area ("EEA"), the information contained in this website is only directed at and may only be communicated to persons who are "qualified investors" ("Qualified Investors") within the meaning of Article 2(e) of Regulation (EU) 2017/1129 (the "Prospectus Regulation").
The information to which this website gives access is directed only at persons (i) who are persons falling within Article 49(2)(a) to (d) ("high net worth companies, unincorporated associations etc.") of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (ii) who have professional experience in matters relating to investments falling within Article 19(5) of the Order or (iii) to whom it may otherwise lawfully be communicated (all such persons together being referred to as "relevant persons"). Any investment or investment activity to which this communication relates is only available to relevant persons and will be engaged in only with relevant persons, or in the EEA, with Qualified Investors. Any person who is not a relevant person, a Qualified Investor or otherwise permitted under applicable law or regulation to access the information, should not act or rely on the information contained herein.
Confirmation of Understanding and Acceptance of Disclaimer
These materials are for informational purposes only and are not directed to, nor are they intended for, access by persons located or resident in the United States, Australia, Canada, Japan or South Africa or any of the Other Countries. I certify that:
I am not resident of, or located in, the United States, Australia, Canada, Japan or South Africa or any of the Other Countries or I am not a U.S. Person; or
If I am a resident of, or located in, the EEA, I am a Qualified Investor within the meaning of Article 2(e) of the Prospectus Regulation; or
If I am a resident of, or located in, the United Kingdom, I am a Qualified Investor and a relevant person.
I have read and understood the disclaimer set out above. I understand that it may affect my rights. I agree to be bound by its terms and I am permitted under applicable law and regulations to proceed to the following parts of this website.
WARNING: the above certification constitutes a "self-certification" pursuant to Decree of the President of the Italian Republic No. 445 of 28 December 2000. False certifications are punishable by law.
You must read the following information before continuing.
The information contained in this segment of the website is not intended for, and must not be accessed or distributed or disseminated to persons resident or physically present in the United Kingdom, Canada, Australia, Japan or any other jurisdiction in which it is unlawful to do so. The information also is not intended for, and must not be accessed or distributed or disseminated to persons resident or physically present in Italy who are not “qualified investors” (investitori qualificati), as defined in Article 2, letter e) of Regulation (EU) 2017/1129 (the “Prospectus Regulation”) pursuant to Article 1, fourth paragraph, letter a) of the Prospectus Regulation as implemented in Italy by Article 35, paragraph 1, letter d) of CONSOB regulation No. 20307 of February 15, 2018.
By clicking the button below labeled “I agree”, you are certifying that (A) if you are in the European Economic Area, you are a “Qualified Investor”; (B) you are not accessing this portion of the website from the United Kingdom, Australia, Canada or Japan; (C) if you are a resident or physically present in Italy, you are a qualified investor as defined under the Prospectus Regulation as implemented in Italy by Article 35, paragraph 1, letter d) of CONSOB regulation No. 20307 of February 15, 2018; and (D) you are not located in a jurisdiction where it is unlawful to access this portion of the website.
You acknowledge that the information and statements contained in the document you are accessing on this website speak only as of the date of such document (or such other date(s) specified therein), and such information and statements may become inaccurate, stale and/or out-of-date thereafter and should not be relied upon for any investment decision.
You acknowledge that the materials on this website that you are accessing are confidential and intended only for you and you agree you will not forward, reproduce, copy, download or publish any of such materials (electronically or otherwise) to any other person if this is not in accordance with the law.
You acknowledge that the access to information and documents contained on this portion of the website may be illegal in certain jurisdictions, and only certain categories of persons may be authorized to access this portion of the website. If you are not authorized to access the information and document contained on this portion of the website or you are not sure that you are permitted to view these materials, you should leave this portion of the website.
You acknowledge that no registration or approval has been obtained and Eni Gas e Luce S.p.A. società benefit and its affiliates assume no responsibility if there is a violation of applicable law and regulation by any person.
By clicking the button below labeled “I agree”, you are confirming that you have read and understood the disclaimer above.
If you cannot so confirm, you must exit this portion of the website
