OLT to test small-scale services interest

OLT to test small-scale services interest

Italian floating terminal operator OLT Offshore LNG Toscana has called for the expression of interest for the new small-scale service.

Courtesy of OLT Offshore
OLT issues the expression of interest for small-scale LNG
Courtesy of OLT Offshore

In 2020, OLT secured a permit to perform small-scale operations at its floating LNG terminal off the coast between Livorno and Pisa.

Now it will be the first regasification terminal in Italy to provide the discharge of LNG into small-scale LNG carriers, according to the company.

The published expression of interest follows the introduction of the small-scale service within the OLT Regasification Code, in consultation from 24 February to 12 April 2021.

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The aim is to complete the supply chain of LNG, thus reducing climate-changing emissions.

Through the expression of interest, the parties will be able to present their proposals regarding the newly offered service.

Through this expression of interest the users can provide:

  • the interested annual capacity they expect to book expressed in number of small-scale LNG carriers per year;
  • small-scale service tariff expectation;
  • any small-scale LNG carrier expected to be used;
  • any other information deemed useful for the small-scale service provision.

The expressions of interest should be sent to the company by 17 May 2021.