Adriatic LNG offers Peak Shaving service: a tender has been issued to identify parties available to supply LNG

Adriatic LNG offers Peak Shaving service: a tender has been issued to identify parties available to supply LNG

• For the third year, the Ministry of Economic Development has selected Adriatic LNG terminal to offer peak shaving service, highlighting the strategic role of the facility for the Italian gas system

Milan, October 28 2016 – Adriatic LNG, the company that operates the regasification terminal located off the Veneto coastline, in the northern Adriatic Sea, has published yesterday, on its website, a tender for next winter’s Peak Shaving service to supply one LNG (Liquefied natural gas) cargo with quantities between a minimum of 60,000 and a maximum of 70,000 cubic meters.

The tender will close on November 14 and gas will have to be unloaded in the second half of December 2016.

This year too the Ministry of Economic Development has selected Adriatic LNG terminal for Peak Shaving service as a measure that is part of the “Emergency Plan” aimed at facing possible emergencies and guaranteeing the security of the national gas system (deliberation 488/2015/R/gas) in the thermal year 2016-17.

Peak Shaving is aimed at making available, in the first quarter of 2017, previously stored gas in order to meet possible peaks in demand during wintertime.

Adriatic LNG terminal, once again, confirms its strategic role in meeting Italy’s gas needs.