Italian energy company, Snam has reported that the FSRU ‘BW Singapore’, moored 8.5 km offshore Ravenna, has completed commissioning within the scheduled timeframe.
Upon receiving the final authorisations from the relevant authorities, the regasification activity will begin next month, with the capacity being made available through competitive auction procedures in accordance with the provisions of the current regulatory framework.
Similarly to the Italis LNG terminal already in operation in Piombino, the ‘BW Singapore’, purchased by Snam in July, 2022, has an annual regasification capacity of 5 bill cu m.
With its entry into operation, Italy's total regasification capacity will rise to 28 bill cu m per year, a volume equal to that imported from Russia in 2021.
This will account for 45% of the country's domestic gas demand, which will now be met through more supply routes.
Snam said that LNG continued to provide a key-contribution to the diversification of energy supplies to Italy.
In 2024, for example, LNG met a quarter of Italy's gas demand, with 150 ships from around 10 different countries calling at the four Italian regasification terminals, which now become five.
Up to the beginning of this week, Italy has received around 60 LNGCs, half of which came from the US - a rise from about a third last year - from Qatar and from various African countries, for a total volume of almost 6 bill cu m, equal to around 30% of gas volumes imported into the country, Snam said.
