Italy’s Snam to invest $1 billion in LNG offshore terminal

Jack Burke Senior Editor, Compressor Tech2

November 17, 2023

Company also developing carbon capture and storage project in Ravena

Italian energy company Snam said it will invest $1.09 billion in its LNG offshore terminal near Ravenna, Italy, which will host the FSRU BW Singapore.

The new terminal will have an annual capacity of 5 bcm of gas and start commercial activity in early 2025, the company said. Snam…

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