LNG terminal celebrates 10th anniversary
Under the patronage of His Excellency Mr. Saad Sherida Al-Kaabi, the Minister of State for Energy Affairs, the President & CEO of Qatar Petroleum, Adriatic LNG Terminal celebrated its 10th anniversary in a special event held in the Italian city of Venice.
|Photo Source: Qatar Petroleum
The event was attended by Prefect di Rovigo - Mrs. Maddalena De Luca, Energy Authority Board Member - Mr. Stefano Saglia, Member of Municipality of Venice, Economic Development and Infrastructure - Mr. Simone Venturini, and senior executives from Qatar Petroleum and Qatargas.
The Adriatic LNG regasification terminal is located in the northern Adriatic, 14 kilometers off the Veneto coastline. It is operated by Adriatic LNG, which is a partnership between subsidiaries of ExxonMobil, Qatar Petroleum, and Snam. Adriatic LNG has been in operation since 2009, from which date it started meeting more than 10% of Italy’s natural gas requirements. Its establishment followed a 2001 LNG sales and purchase agreement between RasGas and Edison for the supply of 4.6 million tons per year for 25 years.
Speaking at the event, His Excellency Mr. Al-Kaabi expressed pride in the bilateral relations between Qatar and Italy, which cover a wide spectrum of fields and activities. He said, “The Adriatic LNG Terminal is a symbol of how countries can work together to ensure that people’s daily energy needs are met, that businesses can do their daily work unhindered, and that the wheel of the industry never stops.”
His Excellency said, “The Adriatic LNG Terminal has become the main entry point of LNG into Italy, playing a strategic role in the diversification of Italian energy supplies. We are proud that the past ten years of Adriatic LNG have carried great benefits to the Republic of Italy and its people, as it became an important part of Europe’s energy system. For us in Qatar, we are committed to work with all our clients around the world to ensure the security of their energy supplies and the sustainability of their economic growth.”
His Excellency the Minister of State for Energy Affairs concluded his remarks by thanking the Italian government, the regional government, and the local companies and communities, as well as Qatar Petroleum’s valued partners, ExxonMobil, Edison, Snam, and Qatargas for being part of this success. “We celebrate this symbolic bridge that ties our countries and our peoples, which could not have been built without your dedication and commitment,” Mr. Al-Kaabi said.
The Adriatic LNG Terminal is considered a strategic Italian infrastructure asset, which contributes to the diversification of the country’s energy supplies. The terminal has operated over the past decade with a regasification capacity of 8 billion cubic meters per year, corresponding to half of Italy’s LNG import capacity, and meeting about 10% of Italy’s total natural gas demand.
The continued expansion of natural gas trade is led primarily by growth in the LNG sector, which has tripled over the past 3 yr.
Industry Focus: The future of gas-to-power projects in Africa
Natural gas is expected to play a central role in supporting Africa’s drive to achieve electricity connection for nearly 600 MM people without access to the grid, to reduce widespread reliance on coal for power generation, and to fast-track the continent’s slowed industrial expansion.
Regional Focus: Gazprom faces challenges for combined LNG/processing plant in Baltics
Russia’s largest natural gas producer, Gazprom, aims to build a giant project on the Russian Baltic seaport of Ust-Luga. The plans include the construction of a combined LNG and gas processing plant.
Environmental Considerations for Gas Pipeline Construction in Sensitive Areas
Ambioconsult, a subsidiary of Vepica, developed an environmental and social impact assessment for a subsea/land gas pipeline in Venezuela. This webcast will provide details on how the project lessened environmental impact and complied with regulations and stringent conditions, such as the presence of national parks and endangered species. The presenters will provide the steps they used to achieve social and environmental sustainability in a capital-intensive natural gas pipeline project.
September 11, 2019 10:00 AM CDT