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OLT Offshore announced on Friday that it has published the available capacity for annual and multi-year allocation without expression of interest, from gas year 2026/2027 to gas year 2043/2044.
The LNG terminal operator offers a total capacity of 38 billion cubic meters over 18 years.
According to OLT Offshore, the auctions will be held from November 26 to December 3 through GME’s regasification auction platform, and will be preceded by a test session on November 20.
In addition to these auctions, OLT Offshore will hold auctions later this month for small-scale slots following the launch of its new service which enables small vessels to load LNG at the FSRU.
The auctions will be held on October 29, 2025.
A product consisting of 12 small-scale slots, each with a capacity of 7,500 liquid cubic meters, will be made available to operators.
Life extension
Earlier this year, OLT Offshore said that the FSRU Toscana will be in operation until the end of 2044 due to life extension work carried out on the FSRU in 2024.
In November 2024, the 137,100-cbm FSRU resumed operations about 22 km off the coast between Livorno and Pisa following completion of “extraordinary” maintenance at SGdP’s yards in Italy and France.
OLT said that while the FSRU was in the yard, the firm also carried out a set of works aimed at extending the useful life of the FSRU Toscana.
After that, RINA (Italian Naval Registry) issued the “declaration certifying the extension of the useful life of the terminal for an additional 20 years, ensuring operability and reliability until 2044.”
The FSRU has a maximum regasification capacity of 5 bcm a year and sends natural gas to Italy’s national grid via a 36.5-kilometer-long pipeline.
Italy’s Snam holds a 49.07 percent stake in the LNG terminal, while Igneo Infrastructure Partners owns a 48.24 percent share.
Also, Golar LNG, which provided the 2003-built FSRU, has a minor 2.69 percent stake in the LNG import facility.
