Italian FSRU operator testing market interest for small-scale services

Italy’s OLT Offshore LNG Toscana is inviting companies willing to secure small-scale capacities at its FSRU located off the coast between Livorno and Pisa to submit their bids.

The FSRU operator has invited expression of interest to all interested parties on a non-binding basis.

Through the expression of interest, the potential users should provide, among others, the annual capacity expressed in the number of small-scale LNG carriers per year they expect to book but also their expectation on the tariff, according to OLT Offshore.

Interested parties should send the document by May 17, the Italian firm said.

Italian FSRU operator testing market interest for small-scale services
Image: OLT Offshore LNG Toscana

To remind, OLT Offshore won approval last year to offload LNG to small-scale vessels from its FSRU.

Following the approval, the FSRU Toscana became the first regasification terminal in Italy capable of providing small-scale services.

The FSRU has a capacity of 3.75 bcm a year and sends regasified LNG to Italy’s national grid via a 36.5 km-long pipeline.

Italy’s Snam has a 49.07% stake in the LNG terminal while Australian fund First State Investments owns a 48.24% share.

Golar LNG that provided the FSRU has a minor 2.69% stake in the LNG import facility.

Most Popular

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.

Germany, Egypt seal FSRU charter deal

Germany's Ministry for Economic Affairs and Energy has signed a deal with Egypt's state-owned EGAS to charter the 174,000-cbm FSRU Energos Power.

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.

More News Like This

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.

Italian FSRU to be in operation until 2044

Italy’s FSRU Toscana will be in operation until the end of 2044 due to life extension work carried out on the FSRU last year, according to operator OLT Offshore LNG Toscana.

Italian FSRU resumes ops after maintenance

"With extraordinary maintenance concluded on November 24, regasification activity officially resumed on November 25, with the receipt of the...

Snam’s regas volumes boosted by Piombino FSRU

The 170,000-cbm Italis LNG, previously known as Golar Tundra, received its first commercial shipment from Eni in July last year. Eni...