Reganosa wins contract for Avenir LNG’s small-scale terminal in Italy

Spain’s Reganosa has secured a contract to maintain and operate Avenir LNG’s Higas small-scale terminal located on the Italian island of Sardinia.

The new deal follows the recent award of a similar deal for Ghana’s new LNG import facility in the Port of Tema.

Reganosa says it now becomes the only firm in the world that manages up to three third-party LNG terminals, in addition to its Mugardos facility in Spain.

Higas, the operator of the Oristano facility owned 80 percent by London-based Avenir but also Italy’s Gas and Heat and CPL Concordia, awarded the deal to the Spanish firm.

Higas started building the $43.2 million terminal in Sardinia, first such facility in Italy, in 2018 and previously expected to launch it in the second half of 2019.

The EPC contractor and shareholder Gas & Heat said early January the facility achieved mechanical and electrical completion.

According to Reganosa, the small-scale terminal should start operations during the first half of this year.

The terminal features six horizontal low-pressure cryogenic Type C tank storage tanks with a total capacity of 10,800 cbm but it will also have a dedicated 7,500-cbm Avenir LNG carrier.

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

Additionally, LNG from the facility will mainly go for use as fuel for automotive, industrial, civil and marine industries.

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

Most Popular

Excelerate buys GasLog LNG carrier

US FSRU player Excelerate Energy has purchased a 2007-built steam liquefied natural gas (LNG) carrier from GasLog Partners, a part of Greek LNG shipping firm GasLog, according to brokers.

NextDecade, Bechtel agree $9 billion EPC deals for two Rio Grande LNG trains

US LNG firm NextDecade and compatriot Bechtel have finalized EPC contracts worth $9.09 billion for the construction of the fourth and fifth trains and related infrastructure at the Rio Grande LNG facility in Texas.

Atlantic LNG shipping rates jump to $49,750 per day

Atlantic spot LNG shipping rates rose to $49,750 per day this week, while European prices also jumped compared to the previous week.

More News Like This

Avenir LNG seals charter deal with Excelerate

UK-based small-scale firm Avenir LNG has secured a multi-year extension for its 7,500-cbm vessel Avenir Accolade with US FSRU player Excelerate Energy.

Stolt-Nielsen wraps up purchase of remaining Avenir LNG shares

UK-based small-scale player Avenir LNG is now fully owned by Norway's Stolt-Nielsen after the latter completed the purchase of Avenir LNG's remaining shares.

Avenir’s bunkering vessel to run on bio-LNG this year

One of Avenir LNG's small-scale bunkering and supply vessels will continuously run on bio-LNG in 2025. With this, the UK-based firm, controlled by Stolt-Nielsen, claims Avenir Ascension will become the first bunker vessel in the world to continuously run on bio-LNG.

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...