Italian FSRU operator offers regas capacity

Italy’s OLT Offshore LNG Toscana is offering regasification capacity at its FSRU located off the coast between Livorno and Pisa.

In June last year, the firm allocated 34 slots for each gas year starting from 2023/2024 until 2026/2027.

Due to a high demand, the LNG import terminal reached 100 percent utilization rate in 2022.

For the current gas year 2022/2023 and the following one 2023/2024, the capacity has already been fully allocated, according to OLT Offshore.

OLT Offshore launched a new expression of interest and is offering regasification slots of 155,000 cbm for the period from 2024/2025 up to 2033/2034.

This includes 7 slots for gas years 2024/2025, 2025/2026, 2026/2027, 39 slots for the next two gas years 2027/2028, 2028/2029, 41 slots from 2029/2030 to 2032/2033, and 7 slots for 2033/2034.

Interested parties must send the expressions of interest by March 1, 2023, it said.

The FSRU has a storage capacity of 137,100 cbm and a regasification capacity of 3.75 bcm a year.

It sends regasified LNG to Italy’s national grid via a 36.5 kilometers long pipeline.

Italy’s Snam has a 49.07 percent stake in the LNG terminal, while Igneo Infrastructure Partners owns a 48.24 percent share.

Golar LNG, that provided the 137,100-cbm FSRU, has a minor 2.69 percent stake in the LNG import facility.

Most Popular

Woodside terminates Commonwealth LNG SPA

Australian LNG player Woodside has terminated its two LNG sale and purchase agreements with US LNG terminal developer Commonwealth LNG.

Thailand in Alaska LNG talks

Thailand's PTT and Egco will engage in further discussions to potentially participate in the development and buy volumes from the planned Alaska LNG project, according to Thailand's Ministry of Energy.

Energy Transfer seals Lake Charles LNG supply deals

Texas-based Energy Transfer has signed new supply deals for its planned Lake Charles LNG export facility in Louisiana as it works to take a final investment decision by the end of this year, according to its management.

More News Like This

Snam wraps up Ravenna FSRU commissioning

Snam's FSRU-based LNG import facility in Italy's Ravenna is ready to start commercial operations following the completion of the commissioning process.

Italian FSRU operator to hold auctions for regasification capacity

Italy’s OLT Offshore LNG Toscana will next week hold auctions for regasification capacity booking at its FSRU located off the coast between Livorno and Pisa.

Snam to launch Ravenna FSRU commercial ops in May

Italy's Snam expects to launch commercial operations at its FSRU-based LNG import facility in Ravenna next month.

Snam’s Ravenna FSRU wraps up first STS LNG transfer

Snam's 170,000-cbm FSRU BW Singapore has completed its first ship-to-ship transfer of liquefied natural gas off Italy's Ravenna as part of its commissioning activities.