Portovesme in Sardinia, Italy
Snam selects vessel for Sardinian FSRU
The company has picked an opportunistic time to upgrade the island’s gas infrastructure
Italian gas infrastructure firm Snam has struck a deal with Norwegian floating LNG specialist Golar to convert the Golar Arctic LNG carrier into a floating storage and regasification unit (FSRU) for delivery to Portovesme, Sardinia. The move looks potentially oddly timed given the Italian island has no pipeline links with continental Europe. The conversion is expected to take around two years, although work will not start until Snam issues a notice to proceed, so Sardinia’s move into large-scale LNG imports—the FSRU will have a storage capacity of up to 140,000m³—will not be immediate. But, as Europe rushes to try to increase its LNG import capacity to reduce reliance on Russian gas, it is n
Also in this section
17 January 2025
Supply glut or supply deficit are both plausible outlooks, with tariffs and sanctions among the key risks that could swing the pendulum
17 January 2025
European Commission is on its way to meeting clean energy goals, but energy security concerns and higher costs may give it second thoughts
17 January 2025
The CEO of QatarEnergy has highlighted the potential impact a new EU directive could have on energy exports to the continent
16 January 2025
The government’s resource nationalism is aggravating the NOC’s debt position and could yet worsen if also tasked with the decarbonisation shift
