Ravenna FSRU
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Ravenna FSRU, also known as FSRU 2 - SNAM, is an in-construction LNG import terminal in Italy.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Ravenna FSRU | Offshore Ravenna, Italy[1] | 44.48283, 12.291482 (approximate) |
The map below shows the approximate location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Ravenna FSRU | import[2][1] | construction[3] | 3.67 mtpa[2] | 3.67 mtpa | True | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Ravenna FSRU | import[2][1] | US$1,090,000,000 (1,000,000,000 EUR)[4] | US$1,090,000,000 |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Ravenna FSRU | import[2][1] | construction[3] | 2022[1] | – | 2024[3] | 2025[5][6] | – |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Ravenna FSRU | import[2][1] | construction[3] | Snam SpA [100%][1] | Snam SpA [100.0%] | Snam[1] |
Table 6: Vessel ownership
| Name | Facility type | Status | Vessel | Vessel owners |
|---|---|---|---|---|
| Ravenna FSRU | import[2][1] | construction[3] | BW Singapore[7] | BW LNG[7] |
Background
Ravenna FSRU is a 5 bcm/y (3.675 mtpa) floating storage and regasification unit (FSRU) proposed offshore Ravenna, Italy. The sponsor Snam reportedly paid BW LNG US$400 million to lease its BW Singapore vessel, which is under charter with Egypt's EGAS until 2023. Preparatory work is expected to last two years, with the terminal coming online in the fourth quarter of 2024. As of November 2022, the cost of the project was estimated to be almost one billion euros (US$998 million).[8]
In November 2022, Italy's Emilia Romagna region approved the project. The project only took four months to receive clearance, after its proposal in July 2022, compared to years for similar projects in the past. Ravenna FSRU is among European countries' ongoing efforts to address the European gas crisis.[9]
As of June 2024, the annual GIIGNL report said that "onshore and offshore works on the...LNG terminal are expected to be completed by the end of 2024."[10]
In July 2024, Snam said that the terminal was expected to be online by March 2025.[11] An article from Europétrole said that the project was currently under construction, with 90% and 50% of the onshore and offshore facilities completed, respectively.[12]
The Ravenna FSRU was commissioned in May 2025. The BW Singapore is moored about 8 kilometers offshore Ravenna, at a specially constructed offshore platform (so-called FSRU Marine Terminal). The necessary infrastructure to connect the FSRU to the existing gas transportation network was also built in the area. The connection consists of an 8.5 kilometre pipeline section at sea, and a 34 kilometer long underground section along the coast. The Ravenna Terminal received its first commercial cargo on June 22, 2025 from the United States.[13]
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Articles and Resources
Additional data
To access additional data, including an interactive map of LNG terminals, a downloadable dataset, and summary data, please visit the Global Gas Infrastructure Tracker on the Global Energy Monitor website.
References
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 1.6 1.7 1.8 https://www.reuters.com/business/energy/italys-emilia-romagna-region-backs-new-floating-lng-terminal-ravenna-2022-11-07/.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 2.4 2.5 (PDF) https://giignl.org/wp-content/uploads/2024/06/GIIGNL-2024-Annual-Report-1.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 3.3 3.4 https://www.euro-petrole.com/snam-works-on-schedule-for-the-ravenna-regasifier-with-the-plant-operational-in-the-first-quarter-of-2025-n-i-27246.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.marketscreener.com/quote/stock/SNAM-S-P-A-95732/news/Snam-to-invest-1-billion-euros-in-Ravenna-offshore-LNG-terminal-45350595/?utm_source=substack&utm_medium=email.
{{cite web}}: Missing or empty|title=(help) - ↑ (PDF) https://giignl.org/wp-content/uploads/2023/07/GIIGNL-2023-Annual-Report-July20.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.xm.com/research/markets/allNews/reuters/italys-new-lng-terminal-to-be-operational-by-march-2025-snam-says-53879716?utm_source=substack&utm_medium=email.
{{cite web}}: Missing or empty|title=(help) - ↑ 7.0 7.1 https://www.energyintel.com/00000184-2f21-d8b5-ab9f-af2d9dfd0000.
{{cite web}}: Missing or empty|title=(help) - ↑ "Snam wraps up purchase of BW LNG's FSRU". lngprime.com. 2023-12-05.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Italy's Emilia Romagna region backs new floating LNG terminal in Ravenna | Offshore Magazine". www.offshore-mag.com. 2022-11-09. Retrieved 2026-07-06.
{{cite web}}: CS1 maint: url-status (link) - ↑ GIIGNL. The LNG Industry: Annual GIIGNL Report. June 2024.
- ↑ "Italy's Snam to launch Ravenna FSRU terminal in Q1 2025". lngprime.com. 2024-07-15.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Snam : Works on schedule for the Ravenna regasifier, with the plant operational in the first quarter of 2025". www.euro-petrole.com. 2024-07-15. Retrieved 2026-07-06.
{{cite web}}: CS1 maint: url-status (link) - ↑ "BW Singapore in Ravenna". www.snam.it. 2026. Retrieved 2026-07-06.
{{cite web}}: CS1 maint: url-status (link)
