Ravenna LNG Terminal

From Global Energy Monitor
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Ravenna LNG Terminal is an operating LNG import terminal in Italy.

Location

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Project Details

  • Operator: Depositi Italiani GNL[1][2]
  • Owner: Petrolifera Italo Rumena (51%), Edison S.p.A. (30%), Scale Gas Solutions (19%)[3][1]
  • Location: Port of Ravenna, Italy
  • Coordinates: 44.471734, 12.248134 (approximate)
  • Capacity: 0.7 MTPA[2]
  • Cost: €100 million[4] / US$113 million[5]
  • Financing:
  • Status: Operating[6]
  • Type: Import
  • Start Year: 2021[3][4]

Note: bcm/y=billion cubic meters of LNG per year; mtpa = million tonnes per year; bcfd = billion cubic feet per day

Background

in March 2017, Edison S.p.A. and Petrolifera Italo Rumena applied for approval to construct an LNG depot at the Port of Ravenna in Italy.[7] The terminal, which will start to operate in 2021[4], will have a storage capacity of 20,000 cubic meters of LNG[8] and will process more than 1 million cubic meters of LNG a year.[9]

In May of 2018, construction began on the terminal.[10] Final investment decision timing could not be found and is presumed to be May 2018 when construction began.

By October 2020, construction of the €100 million project had reached 70% completion with operations still expected to start in October of 2021.[3][4]

In October 2021, the terminal received its first LNG supplies from the Enagás Regasification Plant in Barcelona.[6] Edison was able to complete it on schedule within 28 months.[11]

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."[12]

Articles and resources

References

  1. 1.0 1.1 Staff, LNG Prime (2021-10-27). "Italy's Ravenna small-scale LNG terminal launched". LNG Prime. Retrieved 2022-06-29.
  2. 2.0 2.1 International Group of Liquefied Natural Gas Importers (May 24, 2022). "Annual Report 2022 Edition" (PDF). GIIGNL. Retrieved July 5, 2022.{{cite web}}: CS1 maint: url-status (link)
  3. 3.0 3.1 3.2 Pippa Luck, Edison joins Enagás in Mediterranean LNG deal Hydrocarbons Engineering, October 27, 2020
  4. 4.0 4.1 4.2 4.3 "Al porto di Ravenna da ottobre 2021 operativo il primo deposito Gnl in Italia: capacità 20mila mc, investimento da 100 milioni". Ravenna & Dintorni. July 26, 2020.{{cite web}}: CS1 maint: url-status (link)
  5. John Snyder, Floating LNG ratchets up in the Mediterranean, Riviera Maritime Media, Apr. 15, 2020
  6. 6.0 6.1 Lesley Bankes-Hughes, Start Up of Ravenna Small-scale LNG Terminal, Bunkerspot, Oct. 28, 2021
  7. "PIR, Edison to build LNG storage facility at Ravenna port". Ports Europe. Retrieved 2022-04-14.{{cite web}}: CS1 maint: url-status (link)
  8. "LE PROSPETTIVE DEL GAS NATURALE LIQUEFATTO E COMPRESSO NEI TRASPORTI (p 5)" (PDF). AssoCostieri. December 2, 2019.{{cite web}}: CS1 maint: url-status (link)
  9. GIIGNL World Report 2019 GIIGNL, accessed August 5, 2019
  10. Ravenna LNG enters construction phase, Ports Europe, accessed May 27, 2018
  11. "Enagás, Edison and PIR inaugurate continental Italy's first small scale LNG terminal for sustainable in the transport sector". Euro Petrole. Retrieved 2022-04-14.{{cite web}}: CS1 maint: url-status (link)
  12. Italy Food and Water Europe, accessed December 5, 2019

Related GEM.wiki articles

External resources

External articles