In 2023, Adriatic LNG sent 8.5Bn m3 of gas into the national pipeline network, the highest annual value ever recorded, covering approximately 14.5% of Italy’s total gas consumption and more than 50% of national LNG imports
In 2023, Adriatic LNG achieved significant results in terms of both reliability and regasified volumes delivered to the national grid, decisively contributing to the security, diversification and competitiveness of the Italian and European energy systems.
The regasification terminal, located off the Veneto coast, sent 8.5Bn m3 of natural gas into the national pipeline network, 7% more than in 2022, covering over 14% of national gas consumption and confirming itself as the third entry source for Italian gas imports.
The terminal broke its previous best annual record, scored in 2022, when it sent 7.9Bn m3 of gas into the national grid. These results confirm the increasing relevance of liquefied natural gas (LNG) in the Italian energy mix.
In 2023, total LNG imports to Italy amounted to 16.6Bn m3, registering a 16.8% increase compared with 2022, and meeting 27% of the national gas demand (61.5Bn m3).
Considering 2023 Italian LNG imports, more than 50% was covered by Adriatic LNG, a reliable and secure infrastructure for its customers, with an operations reliability rate of 99.6%.
Adriatic LNG director of external relations Alfredo Balena stated, "In 2023, our terminal confirmed it is a strategic energy infrastructure for Italy and Europe. The 8.5Bn m3 of natural gas injected by Adriatic LNG into the national grid represents an energy quantity equivalent to approximately 93M megawatt-hours, equivalent to the total energy consumed by Veneto and Lombardy regions for a year."
In 2023, 75 LNG carriers were received by Adriatic LNG, mainly from Qatar and the United States but also from other geographical areas, including, for the first time, Mozambique, thus contributing to opening new routes for LNG imports to Italy.
In total, from 2009 to 2023, 1,058 LNG carriers have arrived at the regasification terminal, with 92Bn m3 of gas sent into the national gas grid.
Mr Balena added, "The security of energy supplies in Europe and Italy is and will increasingly be based on LNG."
"The significant growth in LNG imports occurring over the last two years is linked to efforts being made to reduce dependence, and increase resilience, of the European gas system. These efforts are driving Italy and Europe to maximise the use of existing LNG infrastructure and, in many cases, add new LNG import capacity. For this reason, we have submitted a request to authorise a project to increase the regasification capacity of our terminal by 0.5Bn m3 per year. This new capacity, which could be available starting from 2026, has already been allocated for the next 20 years if the authorisation process concludes positively."
With a maximum regasification capacity of 9.6Bn m3 per year (including 0.6Bn m3 of not constant capacity), Adriatic LNG is the main Italian regasification terminal and the only one able to receive LNG carriers up to 217,000 m3, among the largest available in the market, with evident benefits in terms of optimising discharged volumes.
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