Eni starts delivering additional LNG to Italy ahead of winter

October 12, 2022, by Ajsa Habibic

Italian oil and gas company Eni has begun providing additional volumes of liquefied natural gas (LNG) to the regasification terminal of Panigaglia, La Spezia, ahead of the 2022-2023 winter.

As part of Eni’s plan to strengthen and diversify gas supplies to Italy, the first cargo was delivered on 9 October.

Supplies came from Angola, reloaded on smaller ships at Spanish terminals in order to be compatible with the terminal in Liguria, the company informed.

Further LNG deliveries from Egypt and Algeria are also expected in October.

According to Eni, the overall contribution of additional LNG volumes to Italy, thanks to the availability of regasification terminals currently under development, will exceed 2 billion cubic metres between 2022 and 2023.

It will progressively reach 7 billion cubic meters between 2023 and 2024, and will exceed 9 billion cubic meters between 2024-2025, in addition to further supplies to be delivered via pipeline.

Earlier this year, Eni signed a framework agreement with Egypt’s EGAS that will allow maximising gas production and LNG exports. The agreement aims to promote Egyptian gas export to Europe, and specifically to Italy, in the context of the transition to a low-carbon economy.