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Printed by Jessica Casey,
Deputy Editor
LNG Trade,
The annual and multi-year auctions with expression of curiosity of OLT Offshore LNG Toscana had been efficiently concluded with 100% of the allotted capability, for the primary product provided. The auctions had been held on 19 and 20 April 2023.
Due to the outcomes of those auctions, the regasification capability of three.75 billion m3/y (presently authorised) has been absolutely allotted till Fuel Yr 2026/2027.
The regasification capability was provided in slots of 155 000 liqcm, seven slots had been allotted for every Fuel Yr ranging from 2024/2025 till 2033/2034.
The awardees have the precedence, no later than 30 September 2026, for buying capability for the next Fuel Years on the identical allocation worth of the product and for a similar variety of slots awarded.
The efficient allocation of regasification capability related to the Fuel Years ranging from 2033/2034 is topic to the precise choice of OLT to increase the helpful lifetime of the Terminal that shall be communicated to the requesting consumer by the top of the Fuel Yr 2028/2029.
“FSRU Toscana is contributing the utmost authorised capability to the nation’s vitality provide,” stated Giovanni Giorgi, Managing Director. “In an effort to address the European vitality emergency, we now have requested throughout 2022 to extend the approved regasification capability to five billion m3/y. Closing authorisation is predicted within the coming weeks. It will permit us to make new slots out there for future Fuel Years.”
Learn the article on-line at: https://www.lngindustry.com/regasification/24042023/olt-at-full-capacity-until-2027/
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