Italy’s OLT Offshore allocates small-scale LNG slots

Italy’s OLT Offshore LNG Toscana, the operator of the FSRU Toscana, has allocated small-scale slots following the launch of its new service which enables small vessels to load LNG at the FSRU.

Last month, OLT Offshore said that it would hold auctions for small-scale slots.

The LNG terminal operator announced on Monday that the first auctions concluded with the allocation of the auctioned product consisting of 12 slots of 7,500 liquid cubic meters each, distributed monthly from November 2025 to November 2026.

OLT Offshore did not provide further details on the bookings.

FSRU Toscana is the first terminal in Italy to offer this service.

“This result confirms the growing interest in the new service and the strategic role of the regasification terminal FSRU Toscana in fostering the development of the LNG supply chain in Italy,” the firm said.

OLT Offshore noted that the SSLNG service provides for the loading of LNG from the FSRU-based erminal onto small LNG carriers which will then be able to refuel, directly at sea, LNG-fueled naval units, or discharge the fuel at coastal storage facilities in major Mediterranean ports.

Furthermore, the plant’s features will also allow it to receive LNG from small LNG carriers, which will then be regasified and fed into the grid.

Earlier this year, OLT Offshore announced that the FSRU Toscana would remain in operation until the end of 2044, following life extension work carried out on the FSRU in 2024.

In November 2024, the 137,100-cbm FSRU resumed operations about 22 km off the coast between Livorno and Pisa following completion of “extraordinary” maintenance at SGdP’s yards in Italy and France.

OLT said that while the FSRU was in the yard, the firm also carried out a set of works aimed at extending the useful life of the FSRU Toscana.

After that, RINA (Italian Naval Registry) issued the “declaration certifying the extension of the useful life of the terminal for an additional 20 years, ensuring operability and reliability until 2044.”

The FSRU has a maximum regasification capacity of 5 bcm a year and sends natural gas to Italy’s national grid via a 36.5-kilometer-long pipeline.

Italy’s Snam holds a 49.07 percent stake in the LNG terminal, while Igneo Infrastructure Partners owns a 48.24 percent share.

Also, Golar LNG, which provided the 2003-built FSRU, has a minor 2.69 percent stake in the LNG import facility.

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