Panigaglia LNG Terminal

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Panigaglia LNG Terminal is an LNG terminal in Liguria, Italy.

Location

The map below shows the terminal, in Porto Venere Municipality, La Spezia Province, Liguria Region.

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Project Details

  • Owner: GNL Italia S.p.A[1]
  • Parent: Snam
  • Location: Porto Venere Municipality, La Spezia Province, Liguria Regio, Italy
  • Coordinates: 44.07428, 9.83087 (exact)
  • Capacity: 2.5 mtpa[2]
  • Status: Operating
  • Type: Import
  • Start Year: 1971

Note: mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

Panigaglia LNG Terminal is a liquefied natural gas (LNG) regasification terminal in Liguria Region, Italy. It was built in 1971, and is owned by Snam (which was a subsidiary of Eni until 2012).

The Panigaglia terminal was Italy's first LNG facility[3] and the only such terminal in Italy until 2009. While Panigaglia was unloading large amounts of LNG as recently as 2012, by 2013-15 it was hardly operating at all.[4][5] In response to diminishing demand, the terminal took one of its 50,000 m3 storage tanks offline in 2015, but with the resurgence of LNG in the Italian market the tank was brought back online in 2020. Despite this newly restored capacity, storage at the 100,000 m3 Panigaglia terminal remains smaller than at Italy's other two other LNG terminals, the 137,500 m3 Toscana LNG Terminal and the 250,000 m3 Adriatic LNG Terminal.[6]

Opposition

Opposition groups have cited the low utilization rates of Italy's operating LNG terminals to call into question the necessity of such extensive LNG infrastructure in the country. According to Food and Water Europe's 2019 profile on Italy's gas use, "Between January 2012 and March 2019 all Italian LNG terminals were used at only ~31% of their capacity."[7]

Expansion Project Details

  • Additional Proposed Capacity: 3.5 mtpa, 0.5 bcfd
  • Status: Cancelled
  • Start Year: 2022

Expansion Background

In 2007, Snam was planning to spend about $650 million to more than double the terminal's capacity. That plan has since been cancelled.[8][9]

Articles and resources

References

  1. GIIGNL 2021 Annual Report, accessed May 5, 2021
  2. The LNG Industry: Annual Report 2019 GIIGNL
  3. "Il terminal di rigassificazione". Snam. Retrieved 2021-01-14.
  4. Panigaglia LNG website, SNAM, accessed July 2017.
  5. Panigaglia LNG Terminal, A Barrel Full, accessed April 2017.
  6. "Italian LNG terminal Panigaglia capacity to increase by 2021". ICIS Explore. July 16, 2020.
  7. Italy Food and Water Europe, accessed December 5, 2019
  8. Italy’s expansion plans for Panigaglia estimated at EUR 400-500 million, ICIS, 11 Oct. 2007.
  9. Italy seeks gas relief, Politico, 17 Aug. 2015.

Related GEM.wiki articles

External resources

External articles