Regasification

Eesti Gaas has stored gas for the upcoming heating season not only in the underground gas storage facility in Latvia but, for the first time, also in Poland and Germany.

The world’s largest floating power plant has made a scheduled stop in Canary Islands for a technical inspection.

VTTI has completed the acquisition of 50% of Dragon LNG Group Ltd.

Asia will continue to dominate the global LNG regasification capacity additions, contributing about 68% of the total capacity additions between 2024 – 2028, according to GlobalData.

In 1H24, Adriatic LNG injected approximately 4.4 billion m3 of natural gas into the national grid (+5% compared to the same period in 2023), recording the best result ever for the first six months of the year.

Snam has announced that works are proceeding according to schedule on Ravenna's offshore regasifier, with the project on track to become operational in 1Q25.

The regasification vessel, Neptune, has arrived at the energy terminal ‘Deutsche Ostsee’ in the industrial port of Mukran.

Adriatic LNG has offered the market regasification capacity available in the period between January 2029 – December 2049.

SEFE has completed its first import of LNG into Germany using its booked slot in the Wilhelmshaven LNG terminal.

VTTI has entered into an agreement with Ancala to acquire its shareholding totalling 50% of Dragon LNG, the owner of a major onshore import terminal for the supply of LNG to the UK market.

Deutsche ReGas has withdrawn the regasification ship, Neptune, from the industrial port in Lubmin.

OLT Offshore LNG Toscana has confirmed that the uninstallation of the FSRU Toscana terminal has concluded, and the unit will be tugged to Genoa.

SPEC’s LNG regasification terminal in Colombia has reached historic operating levels to respond to the increase in demand for gas-fired thermal generation during the current period of low hydrology.

VTTI and IKAV have entered an agreement to purchase a majority ownership of Adriatic LNG in Italy.

In 2023, Adriatic LNG sent 8.5 billion m3 of gas into the national pipeline network, the highest annual value ever recorded, covering approximately 14.5% of Italy's total gas consumption and over 50% of national LNG imports