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OLT and GME agreement signed

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LNG Industry,

OLT Offshore LNG Toscana has announced that on 28 March 2018, an agreement between GME (Gestore Mercati Energetici) and OLT was signed.

The agreement regulates the relations between GME and OLT, which are functional to the management of the procedures related to the allocation of regasification capacity performed by GME by means of the PAR.

The platform will be in operation from 1 April 2018, on the basis of the calendar of the auctions defined by the regasification terminals. OLT will launch the first monthly auction on 10 April 2018, in order to offer the regasification capacity available from May to the end of September, as provided by the calendar published on OLT website.

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LNG export news Offshore LNG news