Cedigaz News Reports

 

17/03/2023
Italy’s Adriatic LNG terminal gets 1000th cargo.

Italy’s Adriatic LNG terminal, owned by ExxonMobil, QatarEnergy, and Snam, has received the 1,000th shipment at its facility in the Northern Adriatic Sea since 2009.

According to a statement by Adriatic LNG on Monday, the 217,000-cbm Q-Flex LNG carrier, Tembek, owned by Nakilat and chartered by Qatargas, delivered the milestone shipment from the giant LNG production complex in Ras Laffan, Qatar.

Since 2009, Adriatic LNG has made a “significant contribution” to the diversification of natural gas supply sources in Italy and Europe by sending out approximately 85 billion cubic meters of natural gas into the national grid, it said.

The terminal received LNG cargoes from several supplier countries, including Qatar, the United States, Trinidad and Tobago, Equatorial Guinea, Angola, Norway, Egypt, and recently also Mozambique.

Also, it received reloads from countries such as China, Belgium, and France.

The world’s first offshore gravity-based LNG import terminal sits about 14 kilometers offshore of Porto Levante and has regasification capacity of about 9 bcm per year.

ExxonMobil has a 70.7 percent stake in Adriatic LNG, while QatarEnergy holds 22 percent and Snam owns 7.3 percent.

Last year, Adriatic LNG offered about 147 bcm of regasification capacity for the period from October 2022 to December 2047.

According to Adriatic LNG, it has already allocated almost all the available capacities of some 9 bcm per year until the end of December 2028.

The terminal recently also invited companies willing to secure regasification capacity at its facility in the Northern Adriatic Sea from January 2029 to submit their bids. (March 13, 2023)

ITALY - LNG - SUPPLIES - IMPORTS - EXPORTS