LNG

April 3 (LNGJ) - OLT Offshore LNG Toscana, the Italian floating import company with a facility offshore the Mediterranean port of Livorno, said that starting from April 10 the regasification capacity of OLT will be awarded via auctions on the Platform for the Allocation of Regasification Capacity operated by the Italian power exchange management company Gestore Mercati Energetici (GME). OLT and GME have signed an accord on allocations. “This agreement regulates the relations between GME and OLT,” said OLT. “The platform will be in operation from April. OLT will launch the first monthly auction on April 10 in order to offer the regasification capacity available from May to the end of September,” it explained. OLT offshore operates the “FSRU Toscana”, moored 22 kilometres off the coast between the cities of Livorno and Pisa and connected to the Italian national gas transmission grid.

OLT Offshore LNG Toscana, the Italian owner of the import facility deployed off the Mediterranean coast, will again provide peak-shaving services for the natural gas network and has launched a cargo tender that closes on November 22.