Venice LNG obtains authorization for construction and operation of LNG storage project in Porto Marghera
Venice LNG has obtained the official authorization for construction and operation of the first LNG storage in Porto Marghera. The facility will be built on a brownfield site on the South Industrial Canal.
A decree to this authorization was issued by the Italian Ministry of Economic Development and Ministry of Infrastructures and Transpor. Among the requirements for Venice LNG from the authorities are the use of non-polluting materials, the mitigation of dust and noise emissions during the construction phase, an Environmental Monitoring Plan, the implementation of procedures to limit waste production.
LNG will be delivered to the terminal by small and medium-sized LNG carriers and will be distributed via tank trucks, ISO-tanks and barges.
Decal Spa Group will invest more than €100 million in the facility. The project is promoted and supported by the North Adriatic Sea Port Authority and co-financed by the European Commission under the Connecting Europe Facility (CEF) initiative for a total of €18.5 million.
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