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In 2023, Adriatic LNG achieved new important outcomes by way of each reliability and regasified volumes delivered to the nationwide grid, decisively contributing to the safety, diversification, and competitiveness of the Italian and European vitality techniques. The regasification terminal positioned off the Veneto coast despatched 8.5 billion m3 of pure gasoline into the nationwide pipeline community (+7% in comparison with 2022), masking over 14% of nationwide gasoline consumption and confirming itself because the third entry supply for Italian gasoline imports. The terminal subsequently broke its earlier greatest annual file, scored in 2022, when it despatched 7.9 billion m3 of gasoline into the nationwide grid.
These outcomes affirm the rising relevance of LNG within the Italian vitality combine. In 2023, complete LNG imports to Italy amounted to 16.6 billion m3, registering a 16.8% improve in comparison with 2022, and assembly 27% of the nationwide gasoline demand (61.5 billion m3).
Contemplating 2023 Italian LNG imports, over 50% was coated by Adriatic LNG, which confirmed to be a dependable and safe infrastructure for its prospects, with an operations reliability fee of 99.6%.
Alfredo Balena, Director of Exterior Relations at Adriatic LNG, acknowledged: “In 2023, our terminal confirmed to be a strategic vitality infrastructure for Italy and Europe. Simplifying, we will say that the 8.5 billion m3 of pure gasoline injected by Adriatic LNG into the nationwide grid characterize an vitality amount equal to roughly 93 million MWh, equal to the overall vitality consumed by Veneto and Lombardy areas for a yr.”
In 2023, 75 LNG carriers had been acquired by Adriatic LNG, primarily from Qatar and the US, but in addition from different geographical areas, together with, for the primary time, Mozambique, thus contributing to opening new routes for LNG imports to Italy. In complete, from 2009 – 2023, 1058 LNG carriers arrived on the regasification terminal, for a complete of 92 billion m3 of gasoline despatched into the nationwide gasoline grid.
“The safety of vitality provides in Europe and Italy is and can more and more be primarily based on LNG,” Balena continued. “The numerous development in LNG imports occurring during the last two years is linked to efforts being made to cut back dependence, and improve resilience, of the European gasoline system. These efforts are driving Italy and Europe to maximise using current LNG infrastructure and, in lots of circumstances, add new LNG import capability. Because of this, we’ve got submitted a request to authorise a venture to extend the regasification capability of our terminal by 0.5 billion m3/y. This new capability, which may very well be accessible ranging from 2026, has already been allotted for the subsequent 20 years if the authorisation course of concludes positively.”
With a most regasification capability of 9.6 billion m3/y (together with 0.6 billion m3 of not fixed capability), Adriatic LNG is the principle Italian regasification terminal and the one one in a position to obtain LNG carriers as much as 217 000 liquid m3 (so-called ‘tremendous massive scale LNG vessels’), among the many largest accessible available in the market, with evident advantages by way of optimising discharged volumes.
Learn the article on-line at: https://www.lngindustry.com/regasification/15032024/adriatic-lng-breaks-records-in-2023/
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