LNG

Italian gas grid and LNG terminals operator Societa Nazionale Metanodotti (SNAM), is making progress in acquiring more natural storage in Italy to underpin the build-out of floating LNG import terminals.

SNAM, the Italian gas grid operator and liquefied natural gas import terminals owner, is progressing with the replacement and financing of natural gas pipelines to strengthen South-North infrastructure.

Nov 27 (LNGJ) - SNAM, the Italian natural gas grid operator and floating and onshore import terminal owner, has launched a consultation regarding the first assignment procedures for the regasification capacity at the proposed floating storage and regasification unit (FSRU) to be deployed at the port of Ravenna. The FSRU “BW Singapore” will be on station at the Adriatic port of Ravenna and be operational by the end of 2024.

   “The first assignment procedures for the regasification capacity at the FSRU Ravenna Terminal have been published,’ said SNAM. “Interested parties can submit their observations on the procedure for the first assignment by 17 December 2023. As part of the consultation, interested parties may also submit expressions of interest for capacity products with a duration shorter than the assignment period by 30 November 2023,” added SNAM.

Saipem, the Italian energy and LNG engineering company, was awarded a contract by Italian gas system operator SNAM for the construction of the associated facilities for the new Floating Storage and Regasification Unit (FSRU) to be located in the Adriatic Sea offshore Ravenna as Italy’s fifth import terminal.

Enagás, the Spanish natural gas grid operator and LNG terminal network owner, has signed an agreement with Italian utility Edison, to become a shareholder in a new small-scale onshore LNG terminal at the port of Ravenna on the northeast coast of Italy.