Adriatic LNG hits 10-year operations milestone

Adriatic LNG, the operator of the regasification terminal located off the Italian Veneto coast marked a milestone of 10 years since the regasification activities started. 

The terminal supplies 10 percent of national natural gas consumption and contributing to the energy transition towards more sustainable sources.

Since September 2009, over 700 carriers arrived at the offshore terminal and discharged LNG, which was then regasified and sent into the national pipeline network for a total of over 59 billion cubic meters.

Adriatic LNG has received cargoes LNG from eight countries, mainly from Qatar but also from Egypt, Trinidad and Tobago, Equatorial Guinea, Norway, Nigeria, USA and Angola, the operator said in a statement.

By expanding the number of import countries, the terminal significantly contributes to the diversification of supply sources, increasing the security of the national energy system while reducing dependence on single suppliers.

In 2018 Italy consumed 72.7 billion cubic meters of gas: about 67.9 billion cubic meters (~93 percent) of imported gas and about 5.5 billion cubic meters (~7 percent) of gas from domestic production.

While domestic production keeps declining, the percentage of imported gas increased: of this, 87 percent was supplied by pipelines, whereas 13 percent by regasification terminals, according to the data reported by Italian Ministry of Economic Development.

According to the operator, the Adriatic LNG terminal is one of the most utilized regasification infrastructures in Europe, with an 81 percent utilization rate registered in 2018, which has reached 96 percent in the first eight months of 2019.

Currently, Adriatic LNG is looking at future challenges preparing to welcome Q-Flex carriers which can transport up to 217,000 cubic meters of LNG.