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    Edison, Enagas Team up in Small-Scale LNG

Summary

Edison is building a small-scale LNG plant in Ravenna in northern Italy.

by: Joe Murphy

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Natural Gas & LNG News, Europe, Premium, Corporate, Contracts and tenders, News By Country, Italy, Spain

Edison, Enagas Team up in Small-Scale LNG

Spain's infrastructure operator Enagas and Italy's Edison have agreed to work together in developing small-scale LNG in the Mediterranean region, the companies said on October 23.

Edison, owned by French energy group EDF, will sell a 19% stake in Depositi Italiani GNL, a joint venture it set up with Petrolifera Italo Rumena (PIR) to build a small-sized LNG plant in Ravenna in northern Italy, to Enagas subsidiary Scale Gas Solutions. Edison will retain 51% while PIR will keep 30%. The pair have also agreed to co-operate in developing an LNG supply chain from Enagas' Mediterranean terminals to Edison customers. 

Construction of the Ravenna plant is already 70% complete and the facility is on track for launch in October 2021. It will store up to 20,000 m3 of LNG and provide more than 1mn metric tons/year of supply – enough to fuel 12,000 trucks and up to 48 ferries.

"Collaborating in projects like this will allow the development of solid logistics chains from our terminals, and will promote, in accordance with EU directives, the implementation of sustainable mobility thanks to LNG in the Mediterranean," Enagas CEO Marcelino Oreja commented in a statement.