First small-scale vessel arrives at Avenir LNG’s Sardinian terminal

Avenir LNG’s dual-purpose bunkering and supply vessel Avenir Accolade has arrived at the Higas terminal located on the Italian island of Sardinia.

The 7,500-cbm Avenir Accolade will now unload the first commercial cargo to the small-scale facility.

Prior to the arrival, the vessel loaded about 7,000 cbm of liquefied natural gas at the LNG Croatia FSRU which serves the Krk facility.

Avenir LNG, a joint venture consisting of Stolt-Nielsen, Hoegh and Golar, said on Wednesday that commissioning of the $43.2 million Higas terminal started at the end of April, and the arrival of the vessel marks the “finalisation of the major commissioning activities.”

In addition, the terminal will begin full commercial operations in early June, according to Avenir.

The London-based small-scale player holds an 80 percent stake in the terminal developer Higas while the Italian engineering firm Gas & Heat, who is also the EPC contractor, has a 10 percent stake.

CPL Concordia also holds 10 percent share in the storage, regasification and distribution facility in the Port of Oristano.

First small-scale vessel arrives at Avenir LNG's Sardinian terminal
Image: Avenir LNG

The terminal has six horizontal low-pressure cryogenic Type C tank storage tanks with a total capacity of 10,800 cbm.

It will load up to 8,000 LNG trucks per year – equivalent to 180,000 tons per year – via two loading bays.

Additionally, it would supply the fuel mainly for use as fuel for automotive, industrial, civil and marine industries.

The terminal will also have a connection to a natural gas pipeline system in order to supply the local industry.

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...