House Fossil Power Snam closing in on LNG terminal’s startup as FSRU is moored in Ravenna
March 3, 2025,
by
Dragana Nikše
Italian power participant Snam has accomplished the mooring of a floating storage regasification unit (FSRU) at its liquefied pure gasoline (LNG) terminal off the coast of Northern Italy.
In keeping with Snam, the BW Singapore vessel was moored on the Petra platform situated eight kilometers offshore Ravenna on February 28, 2025. Previously used to dock oil tankers, the platform was just lately repurposed to accommodate the FSRU, which reached the port of Palermo in December 2024.
“With the ship docking in Ravenna completely on schedule, Italy can depend on a brand new strategic asset, which, mixed with the Italis Lng moored in Piombino, is one other basic step in the direction of provide diversification and the Nation’s power safety,” stated Snam CEO, Stefano Venier.
“Ravenna is a perfect port of name, not solely as a result of it hosts on its territory a high-skilled, main power district, but in addition due to its strategic place attracting gasoline flows from the japanese Mediterranean space and past.”
Snam says it just lately launched the tender to produce the primary LNG cargo to BW Singapore for commissioning actions, comprising FSRU regasification plant operational assessments and set-up. Scheduled for supply this month, the cargo can be set to offer the minimal degree of LNG within the terminal’s tanks required for full operation.
Inbuilt 2015, the BW Singapore can retailer 170,000 cubic meters of liquefied gasoline and has a regasification capability of as much as 5 billion cubic meters per 12 months. Snam inked a deal to buy the vessel in 2022, with the acquisition finalized in December 2023.
With the commissioning of BW Singapore, Italy’s regasification capability is anticipated to extend to twenty-eight billion cubic meters per 12 months, comparable to round 45% of its 2023 gasoline demand.
The Italian participant holds stakes in all regulated LNG regasification terminals working within the nation. Along with Ravenna, this contains Adriatic LNG-in which Snam just lately upped its stake, the Panigaglia terminal, the OLT FSRU Toscana terminal, and the FSRU Italis LNG terminal.