Adriatic LNG seeking cargo for winter peak shaving service

Adriatic LNG seeking cargo for winter peak shaving service
Image courtesy of Adriatic LNG

Adriatic LNG, the company that operates the liquefied natural gas import terminal in the Adriatic Sea issued a single LNG cargo tender for next winter’s peak shaving service.

The cargo between a minimum of 60,000 and a maximum of 70,000 cubic meters will be unloaded at the terminal located off the Veneto coastline, in the northern Adriatic Sea in the first half of December 2017, Adriatic LNG said.

The tender will close at the end of the morning of November 20, the company said in its statement.

Peak Shaving is aimed at making natural gas, previously stored in the form of LNG at the terminal, available to SNAM Rete Gas, in the first quarter of 2018, in order to meet possible peaks in demand during wintertime.

Since start-up in 2009, Adriatic LNG has received 545 carriers and delivered more than 46 billion cubic meters of gas to the national grid.

The terminal mainly imports LNG from the world’s largest producer, Qatar, but has also received cargoes from Egypt, Trinidad and Tobago, Equatorial Guinea, Norway, Nigeria and the United States.

 

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