Work on schedule for the Ravenna regasification plant

Source: www.gulfoilandgas.com 7/12/2024, Location: Europe

On the occasion of the visit of the Minister of the Environment and Energy Security Gilberto Pichetto Fratin to the construction sites, the date of the first quarter of 2025 for the entry into service of the plant was confirmed. The repercussions for the socioeconomic fabric of the territory are important and positive

Work on the Ravenna offshore regasification plant is proceeding according to schedule, with the plant due to land 8.5 km from Punta Marina at the end of the year and becoming operational in the first quarter of 2025. The progress of the onshore works is approximately 90% (with 450 thousand hours worked) and more than 50% for the offshore works (800 thousand hours worked). The regasification vessel is currently in the shipyard in Dubai for the necessary adjustments for its positioning on the coast opposite Marina di Ravenna.

Furthermore, since February 2024, work has been underway on the dismantling of the Petra platform, a phase that was followed, since mid-May, by the installation of the structures of the new mooring platform (an imposing structure approximately 440 metres long and weighing over 14,000 tonnes). Work on the breakwater (approximately 900 metres), currently in the tender phase, will begin in August 2024 and end in October 2026, ensuring the safety and continuous operation of the plant even in particularly adverse weather and sea conditions.

This is the information at the heart of the press conference held today in Ravenna, during which the Minister of the Environment and Energy Security Gilberto Pichetto Fratin, the Mayor of Ravenna Michele de Pascale and the CEO of Snam Stefano Venier spoke together to take stock of the roadmap for the arrival of the BW Singapore, a regasification vessel purchased by Snam in July 2022 and equipped - like the Italis Lng in operation in Piombino from July 2023 - with an annual regasification capacity of 5 billion cubic meters.

With the entry into service of BW Singapore, the country's overall regasification capacity will rise to 28 billion cubic meters per year, a volume corresponding to approximately 45% of Italy's gas demand in 2023. A figure, 28 billion cubic meters, equal to what was imported from Russia in 2021 and, as such, capable of consolidating the security of supplies on which Italy, also through the wide range of actions and projects led by Snam, is continuing to work.

The positive effects on the territory connected to the construction of the plant have also been confirmed. Of the more than 240 suppliers involved, in fact, more than 80 come from the Province of Ravenna or Emilia-Romagna. Contracts have been awarded to companies in the Ravenna area for over 300 million euros (corresponding to approximately 30% of the entire investment). Every year, Snam will then sustain costs of 30 million euros (maritime services, O&M activities, weather services and monitoring), which in turn will fuel the economy of the territory . From an employment point of view, 800 resources are involved in the project, but at the peak of activity, the people at work will be more than 1,200.

Work on schedule for the Ravenna regasification plant, plant operational in the first quarter of 2025


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