BAKU, Azerbaijan, November 19. Snam has
finalized the set up of the mooring deck for the BW Singapore
floating LNG terminal off Ravenna, marking a serious milestone in
boosting Italy’s power safety, Development experiences.
Based on the producer, the terminal will arrive by late 2024
and begin operations in early 2025, including 5 bcm of annual
regasification capability – 40 % of Italy’s fuel demand –
aligning with diversification objectives set throughout the
Russian-Ukrainian disaster.
The deck, weighing 2,800 tonnes, manages fuel circulate to the
nationwide grid. Environmental monitoring is ongoing, involving 20
organizations and 200 offshore monitoring stations.
‘We have now reached yet one more necessary milestone, on this
advanced operation that can assist us meet the deadlines set for this
infrastructure, and a key ingredient to consolidate nationwide and
European power safety targets, additionally contemplating the progressive
evolution of fuel flows’ – commented Snam CEO, Stefano Venier. ‘LNG
now covers 1 / 4 of the nationwide fuel provide, and with the
commissioning of BW Singapore, we may have volumes equal to what
Italy was receiving from Russia in 2021, permitting for an extra
diversification of the system.’
The 1 billion euro mission has generated financial advantages, with
30 % of investments benefiting the Ravenna area and as much as
1,200 folks employed throughout peak development.