Italy’s first small-scale LNG terminal nearing completion

Italy is to get its first small-scale liquefied natural gas facility as construction works progress on the Higas terminal located on the island of Sardinia.

The small-scale storage, regasification and distribution facility will be ready “in a few months”, according to Gas & Heat, the Italian engineering company that is the EPC contractor for the project.

London-based Avenir LNG, a joint venture consisting of Stolt-Nielsen, Hoegh LNG and Golar LNG, owns Higas with a 80 percent stake while its local partners Gas and Heat and CPL Concordia hold 10 percent share, each.

Higas started building the facility in the Port of Oristano in Sardinia back in 2018 and previously expected to launch the terminal in the second half of 2019.

The project operator expects the terminal to be full operational by the end of this year.

The terminal will have a dedicated 7,500-cbm Avenir LNG carrier.

It will be able to receive LNG from small and medium-sized carriers, to discharge the fuel into the storage tanks mainly for use in liquid form as fuel for automotive, industrial, civil and marine industries.

The facility features six horizontal low-pressure cryogenic tanks, and will have a capacity to load up to 8,000 LNG trucks per year – equivalent to 180,000 tons per year – via two loading bays.

Furthermore, the terminal will also have a connection to a natural gas pipeline system that will allow the fuel to be distributed to local industry.

Avenir LNG expects the total costs of the small-scale facility to be $43.2 million.

Most Popular

Atlantic LNG shipping rates, European prices down

Atlantic LNG freight shipping rates and European prices decreased this week compared to the week before.

Glenfarne becomes majority owner of Alaska LNG

US energy firm Glenfarne has signed definitive agreements with state-owned Alaska Gasline Development Corporation to become the majority owner of the giant Alaska LNG export project.

Petronas to supply LNG to PetroVietnam Gas

Malaysian energy giant Petronas will supply liquefied natural gas (LNG) to PetroVietnam Gas, a unit of state-owned PetroVietnam, next month. The two firms will also look into the possibility of signing long-term LNG contracts.

More News Like This

Axpo wraps up its first STS LNG bunkering op

Switzerland’s Axpo has completed its first ship-to-ship LNG bunkering operation with its chartered vessel Avenir Aspiration. Axpo bunkered MSC's...

Stolt-Nielsen launches offer to buy remaining Avenir LNG shares

Norway's Stolt-Nielsen has launched an offer to buy remaining shares in small-scale LNG player Avenir LNG after it bought stakes from Golar LNG and Hoegh family holding company Aequitas.

Golar sells Avenir LNG stake to Stolt-Nielsen

Avenir is a joint venture of Stolt-Nielsen, Golar, and Hoegh Evi, previously known as Hoegh LNG. Gold said in a...

Avenir, Eni pen charter deal for LNG bunkering vessel

According to a statement by Avenir on Tuesday, it signed the time charter party with LNG Shipping, a 100...