OLT Offshore LNG Toscana has announced that it has awarded a peak shaving service contract, after launching a tender that was open to all operators in the LNG market on 19 October 2015.
The unnamed company will provide Snam Rete Gas with 72 000 m3 of LNG.
This is the third consecutive year that the FSRU Toscana terminal has offered the peak shaving service, which is one of the emergency measures established by the Decree of the Ministry of the Economic Development in Italy. The peak shaving service falls within the ‘Emergency Plan’ to face unfavourable events for the national gas system and to guarantee the security of the Italian Gas System.
In an emergency between I January and 31 March 2016, this peak shaving service would insert gas into the network at short notice with the aim to face peak requests of the gas system for a limited period of time.
Edited from press release by Callum O'Reilly
Read the article online at: https://www.lngindustry.com/regasification/23112015/olt-offshore-lng-toscana-awards-peak-shaving-service-contract-1661/