Regasifiers in Italy, with Piombino and Ravenna new capacity for 10 bln m3 per year

Decisive steps forward in view of the green light for the new regasifiers. Today, in fact, the green light has arrived with the prescriptions of the Conference of services for the regasification vessel in Piombino, which will remain in operation for three years, and on Tuesday the final decision should arrive from the president of the Tuscany region, Eugenio Giani. In any case, the recourse to the TAR announced by the mayor of Piombino, Francesco Ferrari, will weigh on the project. Also in Ravenna in recent days decisive steps have been taken with the bipartisan go-ahead from the City Council to the project of the floating regasification terminal that will be anchored off the coast. These two plants are essential for the Italian system, which will thus be able to ensure greater diversification of energy supplies to cope with the stop in Russian gas supplies linked to the conflict in Ukraine.

The two regasifiers, which have a total regasification capacity of around 10 billion cubic meters per year, will therefore be added to the three already active in Panigaglia, Livorno and Rovigo, which overall have a capacity of around 16.25 billion cubic meters l ‘year. In detail, Snam’s Panigaglia regasification plant, in the province of La Spezia, has a capacity of 3.5 billion cubic meters per year; Olt, the floating regasification terminal off Livorno (49% owned by Snam, 48.2% by First Sentier Investors and 2.69% by Golar Lng 2.69%) has a capacity of 3.75 billion cubic meters per year while Adriatic Lng, the plant located off Porto Viro in the province of Rovigo, (70.7% owned by ExxonMobil, 22% by Qatar Energy and 7.5% by Snam ) has a capacity of 9 billion cubic meters per year.

The two floating units (Floating Storage and Regasification Units, Fsru) respectively Golar Tundra, the one destined for Piombino, and Bw Singapore, the one destined for Ravenna, recently purchased by Snam, each have a storage capacity of approximately 170,000 cubic meters of liquefied natural gas. (LNG) and a continuous regasification capacity of approximately 5 billion cubic meters per year. These floating regasifiers are terminals capable of storing and regasifying natural gas. These are ships located near a port area, on the quay or offshore, which receive LNG at a temperature of -160 ° C from other LNG carriers and regasify it (i.e. bring it to the gaseous state) to be able to enter it into the network. national gas transport. There are currently 48 FSRUs in the world, of which 25 with an LNG storage capacity of between 160,000 and 180,000 cubic meters.

Storage in Italy is still growing +20 million m3, filling over 94%

These two new regasifiers that will allow Italy to strengthen its energy security will not be able to completely replace gas supplies from Russia and it is precisely for this reason that several projects are being studied to further strengthen supply capacities. In recent days the CEO of Eni, Claudio Descalzi explained how it would be useful to restart the Gioia Tauro regasification plant: “Gas – he explained – will still accompany us for a long time and we need a redundancy of installations. Spain consumes 30 billion. of cubic meters but it has regasifiers for 65-70 billion cubic meters, we consume 75 but we have regasifiers for 17 billion. keep prices lower because in a free market supply must exceed demand there are no saints to have low prices and that is our effort, but then we must also have reception elements “.

The restart of the Gioia Tauro regasification terminal would therefore be desirable but strengthening the Adriatic backbone where, Descalzi explained, today only a limit of cubic meters can pass. And precisely the so-called ‘Adriatic Line’, the project aimed at strengthening the gas network in Central Italy, consisting of five distinct sections of pipeline (two of which have already been in operation for some years) aimed at increasing the gas transport capacity from South to North, is still awaiting authorization for the last two sections. An ‘Adriatic Line’ that takes on particular importance in the perspective of a potential further increase in flows from the South, linked for example to an expansion of the Tap gas pipeline, to a greater contribution from Algeria and from the other entry points of the Center-South or to future new import projects, as foreseen by the RePowerEu Communication.

Meanwhile, gas injections continue in Italian storage. Today the forecast is almost 20 million cubic meters. According to Snam data, viewed by Adnkronos, the forecast of gas injected into the network by the end of the day is approximately 180 million cubic meters compared to consumption of approximately 145 million cubic meters. The filling level of storage in Italy is over 94% (94.37% as of October 19) against 92.92% as the EU average. The flow of imports from Mazara del Vallo, the entry point of Algerian gas, now stands at 60 million cubic meters. In Melendugno, with the flows from Azerbaijan via Tap, supplies amounted to around 30 million cubic meters. The supplies coming from the LNG terminal in Rovigo amounted to about 25 million cubic meters while in Tarvisio, where Russian gas comes from through the gas pipeline that crosses Ukraine, there is still very little export rather than import (15 million outgoing against 12 inbound).