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OLT Offshore LNG Toscana publishes available capacity

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LNG Industry,


OLT Offshore LNG Toscana informs that the remaining available capacity related to the capacity products offered from October 2020 up to the end of the Gas Year has been published on the business area of OLT’s website.

The first available product, consisting of 10 delivery slots, from October 2020 up to September 2021; the second product, consisting of five delivery slots, from October 2020 up to August 2021.

Requirements for submitting the offer

By 12:00 CET on 28 August 2020, each Applicant that meets the Service Conditions shall sign the capacity agreement in accordance with the provisions of Clause 2.1.7 of the Regasification Code and provide adequate financial guarantees in accordance with the provisions of Clause 3.1.1.1 of the Regasification Code.

In order to participate in the capacity allocation, the Applicant must be eligible to operate on the Regasification Auction Platform in accordance with the relevant rules.

The offers can be presented through the PAR, on 1 September 2020 from 09:00 CET to 14:30 CET.

OLT Offshore LNG Toscana S.p.A. is the company that owns and manages the floating regasification Terminal FSRU Toscana. The Terminal, moored approximately 22 km off the coast between Livorno and Pisa, Italy, is connected to the national grid through a 36.5 km long pipeline, operated and managed by Snam Rete Gas, of which: approximately 29.5 km at sea, 5 km in the floodway, and the remaining 2 km on dry land. At full capacity, FSRU Toscana has a maximum regasification capacity of 3.75 billion m3/y, approximately 5% of the national requirement.

Read the article online at: https://www.lngindustry.com/regasification/24072020/olt-offshore-lng-toscana-publishes-available-capacity/

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