Italy: HIGAS wins governmental approval for Sardinia LNG project

Italy: HIGAS wins governmental approval for Sardinia LNG project

HIGAS, a joint venture between Gas and Heat and CPL Concordia, received the final governmental approval for the construction and operation of the small-scale LNG storage facility in Santa Giusta (Oristano), Italy. 

The latest approval for the 9000-cbm storage facility came from the Italian ministry of economic development, according to the statement by Gas and Heat, a specialist for cargo systems.

The project has obtained more than 15 positive approvals, including the authorization of the Italian ministry of infrastructure and transport.

HIGAS is currently working on receiving the ministerial decree in order to start the construction of the first small-scale LNG storage plant of the Mediterranean, the statement reads.

The Norwegian-listed company Stolt-Nielsen has already acquired 10 percent interest in the project, with an option to increase its stake up to 80 percent. The company is aiming to decide on ordering two small-scale LNG carriers which will be used to ship the chilled fuel for the LNG import facility that will have six cryogenic horizontal storage tanks.

The decision on the order is expected to be made once binding offtake agreements for the LNG project in Italy have been signed, according to Stolt-Nielsen.

 

LNG World News Staff

Share this article

Follow LNG World News

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

The 6th CWC China LNG & Gas International Exhibition & Summit

Following on from LNG 2019 and five successful editions in Beijing, the established China LNG & Gas International Exhibition & Summit…

read more >

LNG Pricing, Trading & Hedging: 3-Day Training Course – Singapore / Jan 2019

This three-day training program provides a unique opportunity to learn and apply the practical skills, knowledge and tools needed to:…

read more >

American LNG Forum 2020

The American LNG Forum is your gateway to learning about the US LNG export industry,

read more >

2nd Global LNG Forum

Global LNG Forum is an exclusive networking and knowledge-sharing platform for top experts and business leaders in the industry.

read more >