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Italy’s Snam entering liquefaction infrastructure sector

Oil&Gas Materials 11 March 2021 09:51 (UTC +04:00)
Italy’s Snam entering liquefaction infrastructure sector

BAKU, Azerbaijan, March 11

By Leman Zeynalova – Trend:

Italy’s Snam company is entering the liquefaction infrastructure sector, as the company has inked a contract with SIAD to start a technological collaboration in the small-scale and mid-scale liquefaction sector, Trend reports citing Snam.

The agreement aims to build small- and medium-sized plants for the liquefaction of natural gas and biomethane on a global scale, on behalf of third-party customers and to foster the use of LNG and Bio-LNG as alternative fuels for sustainable mobility and other end uses.

The plants proposed by Snam and SIAD will be modular and standardised, with capacities ranging from 50 ktpa (kilo-tonnes per year) to 100 ktpa in the case of small-scale plants and from 200 ktpa upwards for mid-scale plants.

As part of the collaboration between Snam and SIAD, a project will be launched in Campania in 2021, with a capacity of 50 ktpa (small-scale), which has already obtained European funding. The plants, which will be operated by Snam, will also ensure the security of LNG and Bio-LNG supply to other regions of Southern Italy, shortening the chain between supply and end users and serving a rapidly growing market. LNG trucks have registered quite an increase in Italy in the last five years from fewer than 100 to about 3,000 units and there are now around 90 filling stations.

"With this agreement, Snam is entering the liquefaction infrastructure sector, which will be key to enable sustainable mobility by road, rail and potentially sea, as well as decarbonising other energy uses. LNG, especially in its 'bio' version, makes it possible to reduce both polluting and CO2 emissions, making a decisive contribution to air quality and the fight against climate change, and to boosting the circular economy, optimising the management of the waste cycle and agricultural and food waste. Thanks to this collaboration with SIAD, we will make an innovative energy transition solution available to both Italy and other countriesбЭ Marco Alverà, CEO of Snam, said.

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Follow the author on Twitter: @Lyaman_Zeyn

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