Adriatic LNG terminal continues to break utilisation records

This year, as of end of July, the terminal regasified 3.9 billion m³ of LNG, 12% more than the 3.4 billion delivered in the same period of 2016. In particular in the second quarter of 2017 the terminal sent out reached 1.7 billion m³ of gas, showing a 15% increase compared to the 1.5 billion m³ for the same period of 2016.

However, it is in the month of July that the Adriatic LNG terminal redelivered 651 million m³ of gas into the national grid, the highest volume since May 2011, with an increase of 27% compared to the 513 million m³ in July 2016. It is the second time in the history of Adriatic LNG that the terminal has exceeded the 650 million m³ send-out target (in May 2011 the terminal delivered 656 million m³). The terminal’s utilisation rate in July reached 95%, bringing the year-to-date value up to 83%, a significantly higher rate compared to the average of other European terminals.

National gas demand was driven mainly by the industrial sector, which approached pre-crisis values and contributed to the increase in July consumption by 9.2%, compared to the same period in 2016.  

Since start-up in 2009, over 541 LNG carriers have arrived at the Adriatic LNG terminal mainly from Qatar and over 45 billion m³ of gas have been redelivered into the national grid. Thanks to a new mixing service, currently offered on experimental basis, the terminal has recently received its first LNG cargo from Nigeria.

Read the article online at: https://www.lngindustry.com/liquid-natural-gas/30082017/adriatic-lng-terminal-continues-to-break-utilisation-records/