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Monday, October 15, 2018

Maritime Logistics Professional

June 7, 2018

Adriatic LNG Receives 600th Cargo

Photo: Adriatic LNG

Photo: Adriatic LNG

 Adriatic LNG, the company which operates the regasification terminal located off the Veneto coastline, announces the arrival of the 600th carrier, the Al Jassasiya. The carrier left Ras Laffan Port in Qatar, delivering a cargo of about 140,000 cubic meters of liquefied natural gas (LNG), equivalent to nearly 85 million cubic meters of gas.

 
The event was celebrated on the terminal with a brief ceremony that involved the vessel's personnel and Adriatic LNG's staff, including the Operations Manager Fabian Erle, who delivered a recognition to Georgios Pissaris, the Captain of the Al Jassasiya.
 
Adriatic LNG's Commercial Manager, Corrado Papa commented: "Once again our regasification terminal confirmed its strategic role for the national and European energy supply system. Crossing the line of 600 carriers safely moored and discharged is certainly a milestone, which proves the high efficiency and reliability of this infrastructure of excellence, whose success is also based on the use of environmentally friendly technologies and the promotion of a strong safety culture.
 
Within the first five months of 2018, the Adriatic LNG terminal has received 30 carriers, whose LNG total cargo enabled to send out into the national grid over 2.6 billion cubic meters of gas. Characterized by an average utilization rate equal to 80%, the terminal confirms to be significantly more active than other European regasification plants, characterized by an average rate of about 22% (Figures 2017 - Source GLE).
 
Operating since October 2009, the Adriatic LNG terminal opened up a new phase in the national energy supply system, enabling Italy to import LNG from Qatar, Egypt, Trinidad and Tobago, Equatorial Guinea, Norway, Nigeria and United States. With a regasification capacity of 8 billion cubic meters per year (equal to half the national LNG import capacity), the terminal is a strategic infrastructure for the diversification of energy supply, assuring more than 10% of national gas consumption.
 
Almost ten years after the beginning of operations, the Adriatic LNG terminal plays a central role not only in the security of energy supply but also in fostering the decarbonization process: as one of the fuels with the lowest environmental impact, natural gas is considered a key resource, at the center of the National Energy Strategy (SEN) adopted by the Italian Ministries of Economic Development and the Environment at the end of 2017.
 
Operating since autumn 2009, the Adriatic LNG regasification terminal assures to Italy more than 10% of national gas consumptions. A strategic infrastructure for the Country for its contribution to the diversification of energy supply, Adriatic LNG at present has contributed to satisfy national natural gas consumptions by delivering to the national pipeline network more than 49 billion of cubic meters of gas (corresponding to more than half of domestic consumption in 2017) coming by ship from 7 Countries (Qatar, Egypt, Trinidad and Tobago, Equatorial Guinea, Norway, Nigeria and United States). 
 
Adriatic LNG is co-controlled by EMIGAS (a subsidiary of ExxonMobil) and Qatar Terminal Limited (a subsidiary of Qatar Petroleum) and participated by SNAM.
 
energy supplyenvironmentally friendly technologiesEquatorial Guinea