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

Shell’s LNG Canada achieves first LNG

LNG giant Shell has started production at the first liquefaction train at its LNG Canada export terminal in Kitimat, an LNG Canada spokesperson told LNG Prime on Sunday.

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.

Golar progresses FLNG growth plans

Golar LNG said it had signed a final engineering study to confirm EPC price and delivery for a 5 mtpa MKIII FLNG.

More News Like This

Italian FSRU operator launches small-scale LNG service

Italy’s OLT Offshore LNG Toscana, the operator of the FSRU Toscana, has launched its small-scale liquefied natural gas service, enabling small vessels to load LNG at the FSRU.

Italian FSRU operator to hold new regas capacity auctions in July

Italy’s OLT Offshore LNG Toscana, the operator of the FSRU Toscana, will hold new regasification capacity auctions in July.

Italian FSRU operator allocates 160 regasification slots

Italy’s OLT Offshore LNG Toscana, the operator of the FSRU Toscana, has allocated 160 regasification slots up to 2042 following the completion of multi-year capacity auctions.

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.