Toscana FSRU
| Part of the Global Gas Infrastructure Tracker, a Global Energy Monitor project. |
Toscana FSRU, also known as Livorno LNG Terminal, is an LNG import terminal in Italy with units that are operating.
Location
Table 1: Location details
| Name | Location | Coordinates (WGS 84) |
|---|---|---|
| Expansion (Efficiency) | offshore, Livorno, Toscana, Italy[1] | 43.644444, 9.988889 (exact) |
| Toscana FSRU (base project) | offshore, Livorno, Toscana, Italy[1] | 43.644444, 9.988889 (exact) |
The map below shows the exact location of the terminal:
Project Details
Table 2: Infrastructure details
| Name | Facility type | Status | Capacity | Total terminal capacity | Offshore | Associated infrastructure |
|---|---|---|---|---|---|---|
| Expansion (Efficiency) | import[2] | operating[3] | –[4] | 3.67 mtpa | True | – |
| Toscana FSRU (base project) | import[5] | operating[6] | 3.67 mtpa[2] | 3.67 mtpa | True | – |
Table 3: Cost
| Name | Facility type | Cost | Total known terminal costs |
|---|---|---|---|
| Expansion (Efficiency) | import[2] | – | US$599,500,000 |
| Toscana FSRU (base project) | import[5] | US$599,500,000 (550,000,000 EUR)[7] | US$599,500,000 |
Financing
No financing data available.
Table 4: Project timeline
| Name | Facility type | Status | Proposal year | FID year | Construction year | Operating year | Inactive year |
|---|---|---|---|---|---|---|---|
| Expansion (Efficiency) | import[2] | operating[3] | 2022[8] | – | – | 2023[3] | – |
| Toscana FSRU (base project) | import[5] | operating[6] | 2002[6] | – | 2009[6] | 2013[6][6] | –[2] |
Ownership
Table 5: Ownership
| Name | Facility type | Status | Owners | Parent companies | Operator |
|---|---|---|---|---|---|
| Expansion (Efficiency) | import[2] | operating[3] | OLT Offshore LNG Toscana [100%][9][10][11] | Snam SpA [49.1%]; Mitsubishi UFJ Financial Group Inc [48.2%]; Golar LNG [2.7%] | OLT Offshore LNG Toscana[10] |
| Toscana FSRU (base project) | import[5] | operating[6] | OLT Offshore LNG Toscana [100%][9][10][11] | Snam SpA [49.1%]; Mitsubishi UFJ Financial Group Inc [48.2%]; Golar LNG [2.7%] | OLT Offshore LNG Toscana[10] |
Background
Toscana FSRU is a floating storage and regasification unit (FSRU) terminal off the coast of Livorno Province, Italy that began operating in 2014. The capacity of the facility was originally 3.8 bcm/y, before a 2023 efficiency expansion raised the capacity to 5 bcm/y.[12][13] The cost of the project was between €550 and 600 million.[14]
OLT Offshore LNG Toscana SpA was founded in 2002, and this is presumed to be the proposal date of the terminal.
The terminal was created from a converted former LNG carrier ship, the "Golar Frost". Conversion work was conducted by Saipem in Dubai, and began in June 2009.[15] This is the presumed start date for construction, and also the presumed approximate final investment decision date. The unit arrived in Tuscany in July 2013, received its first cargo in October 2013, and entered into commercial operations in January 2014.[16][17][18]
The Toscana terminal is equipped to receive cargoes of up to 180,000 liquid cubic meters, allowing it accommodate most types of vessels. It has received LNG deliveries from a dozen different countries in Europe, Africa, the Americas and the Middle East. As of February 2019, the terminal reported that it was operating at 92% of its capacity.[19]
In April 2024, OLT Offshore said that the terminal's regasification capacity was fully booked through 2027.[20] The same month, the facility became idled so that "extraordinary" maintenance could be performed.[21][13] It was expected to come back online in October, but ultimately started up again in November.[13][22]
Ownership
In December 2025, Snam agreed to acquire Igneo Infrastructure Partners’ 48.2% interest in OLT Offshore LNG Toscana S.p.A., operating the FSRU Toscana. The total consideration of the acquisition, including Igneo’s interest as well as the remaining part of the shareholder loan provided by Igneo to OLT, is equal to approximately EUR 126 million. The transaction is expected to be finalized within the first half of 2026 subject to customary regulatory approvals including obtaining the necessary authorizations under applicable Italian antitrust and golden power regulations. Upon the closing of the transaction, Snam will hold a total stake of 97.3%, resulting in the consolidation of OLT in Snam’s financial statements.[23]
In March 2026, it was reported that Snam would become the sole owner of OLT Offshore LNG Toscana, after it had agreed to purchase the remaining 2.69% in OLT from Golar. In addition, Snam had completed the previously announced purchase of Igneo Infrastructure Partners’ interest in OLT. The acquisition was completed in March 2026. The closing of the Igneo transaction took place following the receipt of the relevant regulatory authorizations.[24]
Expansion Project (Efficiency)
In October 2022, the Tuscany region approved an expansion to Toscana FSRU that would increase the capacity from 3.75 bcm/y to up to 5 bcm/y. The expansion will consist only in improving vaporizer efficiencies and optimizing logistics, and will not include any plant modifications such as the addition of new facilities.[25]
In May 2023, OLT Offshore received government authorization to increase its regasification capacity. According to LNG Prime, "OLT said the new service, for which the plant upgrade has been completed, enables small LNG carriers to load LNG directly at the FSRU Toscana terminal, to refuel LNG ships or to deliver it to coastal deposits within Mediterranean ports." The additional regasification capacity will be offered in 2024.[26]
A January article from LNG Prime confirms that the terminal's capacity is now 5 bcm/y.[13]
Ownership
The terminal was originally owned by a consortium of Italy's Iren Group (49.07%), Germany's Uniper (formerly part of E.ON) (48.24%), and Norway's Golar LNG (2.69%). In May 2019, the Australian fund First State Investments acquired Uniper’s 48.24% share in the project. In February 2020, Snam completed the acquisition from Iren Group of a 49.07% stake in the terminal.[12][27] The €400 million sale to Snam resulted in the following new ownership structure: Snam (49.07%), First State Investments (48.24%), and Golar LNG (2.69%).[27]
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."[28]
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 (PDF) https://www.oltoffshore.it/wp-content/uploads/2018/04/olt-brochure-tecnica-2017.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 2.0 2.1 2.2 2.3 2.4 2.5 https://lngprime.com/europe/italys-olt-to-halt-fsru-ops-for-april-october-maintenance/103493/.
{{cite web}}: Missing or empty|title=(help) - ↑ 3.0 3.1 3.2 3.3 (PDF) https://giignl.org/wp-content/uploads/2025/06/GIIGNL-Annual-Report-2025.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.offshore-energy.biz/olt-offshore-lng-toscana-sees-increase-in-regasification-capacity/.
{{cite web}}: Missing or empty|title=(help) - ↑ 5.0 5.1 5.2 5.3 (PDF) https://giignl.org/wp-content/uploads/2024/06/GIIGNL-2024-Annual-Report-1.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 6.0 6.1 6.2 6.3 6.4 6.5 6.6 https://www.oltoffshore.it/en/company/about-us/our-history/.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.eib.org/en/projects/pipelines/all/20060560.
{{cite web}}: Missing or empty|title=(help) - ↑ https://www.livornotoday.it/cronaca/rigassificatore-livorno-potenziamento.html.
{{cite web}}: Missing or empty|title=(help) - ↑ 9.0 9.1 https://en.wikipedia.org/wiki/Mitsubishi_UFJ_Financial_Group.
{{cite web}}: Missing or empty|title=(help) - ↑ 10.0 10.1 10.2 10.3 http://www.conferenzagnl.com/2019/09/snam-in-olt-avanza-procedura-bunker-gnl/?lang=en.
{{cite web}}: Missing or empty|title=(help) - ↑ 11.0 11.1 (PDF) https://giignl.org/sites/default/files/PUBLIC_AREA/Publications/giignl_-_2020_annual_report_-_04082020.pdf.
{{cite web}}: Missing or empty|title=(help) - ↑ 12.0 12.1 The LNG Industry: Annual Report 2020, page 38, International Group of Liquefied Natural Gas Importers, accessed April 29, 2020
- ↑ 13.0 13.1 13.2 13.3 Staff, LNG Prime (2024-01-30). "Italy's OLT to halt FSRU ops for April-October maintenance". LNG Prime. Retrieved 2024-07-26.
- ↑ "Offshore LNG Toscana (OLT)". www.eib.org. Retrieved 2021-12-22.
- ↑ OLT Offshore LNG Toscana website, accessed July 2017.
- ↑ FSRU Toscana Arrives in Italy, LNG World News, 1 Aug. 2013.
- ↑ GNL Livorno, primo gas in rete, SNAM press release, 8 Oct. 2013.
- ↑ First floating LNG platform begins commercial operations, Port Technology, 13 Jan. 2014.
- ↑ "OLT Offshore running FSRU Toscana at near full capacity". Offshore Energy. 2019-02-13.
{{cite web}}: CS1 maint: url-status (link) - ↑ LNG Prime Staff (2023-04-24). "Italian FSRU operator says regas capacity fully booked until 2027". LNG Prime. Retrieved 2023-09-16.
- ↑ "FSRU Toscana Heads for Maintenance | Rigzone". www.rigzone.com. Retrieved 2024-07-26.
- ↑ "Our History | OLT Offshore LNG Toscana". OLT Offshore LNG Toscana. Retrieved 2025-07-17.
- ↑ "Italis LNG in Piombino". www.snam.it. 2025-12-11. Retrieved 2026-07-14.
{{cite web}}: CS1 maint: url-status (link) - ↑ "Snam becomes sole owner of Italian FSRU operator". LNG Prime. 2026-03-05. Retrieved 2026-07-14.
{{cite web}}: CS1 maint: url-status (link) - ↑ Rigassificatore Livorno, dalla Regione via libera al potenziamento. Giani: "Toscana centrale per l'indipendenza energetica". Livorno Today. October 11, 2022.
- ↑ Čučuk, Aida (2023-05-31). "OLT Offshore LNG Toscana sees increase in regasification capacity". Offshore Energy. Retrieved 2024-07-26.
- ↑ 27.0 27.1 "Snam in the share capital of OLT (Offshore LNG Toscana) • News". ConferenzaGNL. September 26, 2019. Archived from the original on 2021-10-20.
- ↑ Italy Food and Water Europe, accessed December 5, 2019
