Italian Port of Piombino to welcome new LNG terminal
05.11.2023 By TankTerminals.com News - NEWS

May 11, 2023 [Port Technology]- The Port of Piombino in Italy will soon witness the commencement of commercial operations at its newly established floating terminal for liquefied natural gas (LNG).

Stefano Venier, CEO of Snam, Italy’s gas grid operator, announced that the terminal is scheduled to initiate its operations by the end of this month.

Reuters reported that during a press conference celebrating the arrival of the first LNG tanker in the Port of Piombino, Venier shared that the terminal will provide approximately 2 billion cubic metres of gas this year, with the capacity expected to rise to around 5 billion cubic metres in the following year.

With its inauguration, the Piombino terminal will contribute to the availability of LNG in the region, bolstering Italy’s energy security and fostering the growth of its gas sector.

The terminal’s flexible infrastructure and storage capabilities are also poised to enhance the country’s capacity for receiving, regasifying, and distributing LNG as an alternative to Russian gas.

LNG is gaining increased attention in the sector.

In April, the Biden administration approved exports of liquefied natural gas (LNG) from Alaska Gasline Development Corp’s Alaska LNG project.

More recently, Operadora Portuaria Centroamericana (OPC), International Container Terminal Services, Inc.’s (ICTSI) Honduran business unit that operates in Puerto Cortés, welcomed the inaugural call of containership SEABOARD BLUE.

This is the first boxship in the world to be converted from conventional diesel to liquified natural gas (LNG) propulsion.

Pro Trial: Access 12,600 Tank Terminal and Production Facilities

12,600 tank storage and production facilities as per the date of this article. Click on the button and register to get instant access to actionable tank storage industry data

Asia's Refined Fuel Imports Drop, But Margins Still Hold: Russell
05.15.2025 - NEWS
May 15, 2025 [Reuters]- Asia’s imports of key refined fuels such as gasoline and diesel fel... Read More
New Fortress Energy Posts Quarterly Loss as All Segments Show Weak Performance
05.15.2025 - NEWS
May 15, 2025 [Reuters]- New Fortress Energy posted a loss in the first quarter on Wednesday, as t... Read More
Russia's First Underground Oil Storage Facility Ready for Trial Operation - Rosnedra
05.15.2025 - NEWS
May 15, 2025 [Interfax]- The subsoil user that built Russia’s first underground oil storage... Read More
Saudi Aramco to Spend $3.4B on Motiva Refinery in Texas
05.15.2025 - NEWS
May 15, 2025 [Transport Topics News]- Saudi Aramco plans to spend $3.4 billion on its Motiva refi... Read More