Piombino FSRU
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Piombino FSRU is an operating floating liquefied natural gas (LNG) import terminal in Italy.[1]
Location
The terminal is located in the port of Piombino, Italy.[1]
Project details
- Operator: FSRU Italia[2]
- Owner: FSRU Italia
- Parent company: Snam[1]
- Vessel operator: FSRU Italia[2]
- Vessel owner: Golar LNG[4]
- Vessel parent company: Golar LNG[4]
- Location: Port of Piombino, Italy[1]
- Coordinates: 42.932151, 10.546410 (approximate)
- Capacity: 5 billion cubic meters per year (bcm/y)(3.675 mtpa)[1]
- Status: Operating[5]
- Type: Import[1]
- Start year: 2023[5]
- Cost:
- Financing: [6]
- FID status:
- Associated infrastructure:
Background
Piombino FSRU is a 5 bcm/y (3.675 mtpa) floating storage and regasification unit (FSRU) proposed to be located in the Italian port of Piombino, on the western coast of the country.[1] In June 2022, Snam bought the Golar Tundra vessel, to be deployed at Piombino, from Golar LNG for a price of US$350 million.[7] Piombino FSRU is among European countries' ongoing efforts to address the European gas crisis.
In October 2022, a state-appointed commissioner formally approved the project. The project received approval in four months, far faster than usual for such projects in Italy. Preparatory work for the terminal could start as early as late October.[1]
The mayor of Piombino stated that he would challenge the approval of the terminal in court.[1] In January 2023, an Italian court ruled against the challenge, which included a precautionary request to suspend work at the terminal cite due to possible safety risks to local population and maritime traffic.[8]
In December 2022, Italy's Snam said that it would choose an offshore location for the FSRU over the next 100 days, as the terminal's initial location faced legal challenges. The FSRU would remain in its original location in the port of Piombino for the first three years of operation, after which it will move offshore.
In January 2023, Snam's chief executive Stefano Venter told investors that the project would be operational by May 2023.[9]
In July 2023, the terminal received its first commercial cargo from Eni.[5]
In November 2023, Reuters reported that a final, offshore location for the FSRU had been selected: off the coast of Vado Ligure and Savona in Italy's northwestern region of Liguria. The terminal will be relocated offshore by the end of 2026.[10]
Articles and resources
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 "Italy commissioner OKs new LNG terminal in Piombino". Reuters. Retrieved 2022-11-18.
- ↑ 2.0 2.1 GIIGNL. The LNG Industry: Annual GIIGNL Report. June 2024.
- ↑ Staff, LNG Prime (2024-06-28). "Snam's Piombino FSRU now flies Italian flag, gets new name". LNG Prime. Retrieved 2024-07-31.
- ↑ 4.0 4.1 4.2 "Europe Will Add 50 Bcm of LNG Import Capacity by End-2023". Energy Intelligence. 2022-11-01. Retrieved 2022-11-18.
- ↑ 5.0 5.1 5.2 Offshore Energy. Piombino regasification facility receives first commercial LNG cargo from Eni. July 10, 2023.
- ↑ "Italy's Snam to pick offshore site for new LNG terminal in early 2023". Reuters. Retrieved 2023-01-18.
- ↑ SNAM PURCHASES 5 BILLION CUBIC METRE FLOATING LNG REGASIFICATION TERMINAL FROM GOLAR LNG FOR US$ 350 MILLION, Snam press release, Jun. 1, 2022
- ↑ "Italy court ruling allows work on Tuscan LNG terminal to proceed". Reuters. Retrieved 2023-01-10.
- ↑ Italy's Piombino FSRU to be ready in May, says Snam chief executive, Upstream, Jan. 19, 2023
- ↑ "Tuscan LNG terminal to be moved offshore by 2026". Reuters Japan. 2023-07-18. Retrieved 2024-02-01.
