Italy’s largest private power group Edison, BP and Belgian chemicals group Solvay have joined forces to create an LNG regasification terminal in Italy. The LNG terminal at Livorno, central Italy, will have the ability to process three billion cubic metres a year. If the project gets the go-ahead from Italian energy and anti-trust authorities, it will compete with BG Group, which is building a LNG terminal at Brindisi in the south. Gas consumption in Italy is expected to rise to more than 100 billion cubic metres by 2010 fuelled in part by a boom in gas-fired power generation from around 72 billion cubic metres in 2002. At the new terminal, the incoming LNG will be stored in a 160,000-cubic-metre tank and be fed into the national distribution pipeline by means of a 6.5km pipeline. The project also plans for the expansion of an ethylene storage and regasification facility owned by BP and Solvay.
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