FSRU Toscana to Begin with Commercial Activities in December
- Business & Finance
Commissioning of the regasification plant of OLT Offshore LNG Toscana (FSRU Toscana) is proceeding well and close to completion.
The Terminal is fast approaching commercial operations, in line with the company’s program. The start of commercial activities is planned, in fact, within mid December.
All the operations carried out until now have been performed following all the environmental and safety prescriptions issued by the competent Authorities (Ministry for the Environment, ISPRA, ARPAT, CTR and Tuscany Region), in compliance with the requirements of the Maritime Authority.
Related: FRSU Toscana Arrives in Italy
“We are very satisfied with the ongoing commissioning,” declared Peter Carolan, managing director of OLT Offshore LNG Toscana, “All the operations are proceeding in line with our expectations, thanks to the committment and to the high competence of all the staff involved.”
As well as LNG regasification activities, natural gas has been entering the national grid under the direct control of Snam Rete Gas. At full capacity, the plant will have a regasification capacity of 3.75 billion cubic meters per year, about 4% of the national demand.
OLT Offshore LNG Toscana, set up from the association of E.ON Group (46.79%), Iren Group (46.79%), Golar Offshore Toscana Limited (3.73%) and OLT Energy Toscana SpA (2.69%), was created to realize the regasification terminal project which envisages a floating unit positioned 22 km offshore the Tuscan coast. The gas will be transferred onshore through a 36.5 km long pipeline operated and managed by Snam Rete Gas, of which 29.5 km are at sea and 7 km on dry land.
Press Release, November 13, 2013