Accordingly European Commission Part of the solution for the dependency of the Russian gas will come from imports of liquefied natural gas from the USA. However, the volumes in question 15 billion cubic meters more this year, 50 at full operation account for a very small part of the EU’s needs, which it consumes almost every year. 390 billion cubic meters of gas and is currently buying some from Moscow 155 billion. And it is not clear how they will be divided among the twentyseven. For Italy, the path of diversification through the import of LNG by ship also seems to be lacking in the short term infrastructure. “It’s important to see if we have them regasifier“To get those supplies, the Prime Minister said, unsurprisingly Mario Draghi at a press conference after the European Council. The government has commissioned snam the public subsidiary that manages the pipeline network, owns one of the three Italian regasifiers already active and has shares in the other two from Buy a new container for LPG processing e rent another one. The main thing is to find them, because on the market for readymade and “free ships there are few and the demand is very high. L’Holland she has already secured one there Germany I just decided on three.
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Currently, the regasifiers active in Italy are those of Panigaglia in the Gulf of La Spezia, operational since the 1970s, owned by Snam and with a capacity of 3.5 billion cubic meters per year, the Adria Lng Rovigo from 8 billion cubic meters Exxon Mobile and Qatar oiland the one that swims off the coast of Leghorn of 3.75 billion cubic meters, which is 49% owned by Snam and 48% owned by the Australian Fund First Sentier investors. Last year they weren’t used to their full potential they were just treated 9.8 billion Cubic meters imported from Qatar, Algeria and United States compared to 15.3 of total capacity. That could happen 20 billion cubic meters if Rome manages to win at least one socalled “Floating Storage Regasification Unit” with a capacity of 56 billion cubic meters. However, Snam did not respond to fattoquotidiano.it’s request to know where the negotiations are taking place with no comment.
Expect the company to go to port, “but then we need to find the gas,” he comments Gionata Woodpecker, deputy editor of the online newspaper for energy sources Staffetta daily. Apart from the announcements in Washington, no LPG is available on the market. “The US can certainly increase supply in the medium term (they have more than 50% of the world’s production increase in the pipeline over the next few years),” continues Picchio, “as well as the Qatarwho announced their intention to bring the production from 77 million tons per year to 126“Until 2027. But the offer “remains limited to 2025 because every supplier has already signed contracts and obviously cannot fail to meet commitments with counterparts to divert LNG to Europe. As shown by the fact that Berlin, desperate for alternatives to Russian gas, on which it is more dependent than Italy, has signed an agreement with Doha for more supplies in recent days, but has only managed to secure a “longterm” Getting a contract doesn’t change things immediately.
In this context, “there will inevitably be competition between countries to buy it “. As already happened in 2021, when the increase of needs of China Fueling the economic recovery by limiting the use of coal has overheated the market: “The big Chinese companies had issued a purchase mandate any price and this fueled the increases, also affecting spot prices on the Dutch Ttf hub, a reference point for the European markets. This started the upward spiral which, fueled by other transitional factors, led to the very high prices at the end of the year. Even before the Russian invasion of Ukraine upset everything. Moral: In order to win the LNG that moves on a ship and goes where the highest bidder is, it will be necessary to be ready for it no expense spared. the The cost will likely be much higher to imports from Russia, which are mainly based on longterm supply contracts. Especially since the fee for using the regasification plant must be added to the payment for the raw material.
In the long term, there would be an opportunity to increase capacity, as the Ministry of Development approved three more projects for as many terminals as one years ago Falconara Marittima (Api Nova Energia), Gioia Tauro (MedGasTerminal, owned by Iren and Sorgenia), with a capacity of 12 billion cubic meters per year, and Porto Empedocle (Enel), 8 billion cubic meters per year. Construction stalled because market conditions with supply by pipeline commensurate with demand did not make it economical at the time. “With the financial crisis and the boom in renewables between 2010 and 2013, they lost their importance,” explains Picchio. In the last month the scenario has changed radically and clear signals have been sent to the government by the groups involved. “If the authorities decide so accelerate things, the project could be ready in four years, the Sorgenia CEO told Reuters Gianfilippo Mancini regarding the Calabrian plant. While Francesco Starace He announced that Enel was ready to offer the terminal “to any interested investor and also to participate in order to facilitate the investment”.