Eni delivers Egyptian LNG to new regas plant at Piombino

Eni said the cargo came from the Damietta liquefaction plant, where Eni has invested with “the strategic goal of growing its integrated liquefied gas portfolio”. The company has been bulking up supply contracts with Algeria and Libya, while increasing its LNG supplies from Egypt, Congo, Qatar, Angola, Nigeria, Indonesia and Mozambique.

The company delivered the LNG to the Piombino terminal, where Eni has regas capacity. The Maran Gas Kalymnos, carrying the inaugural cargo, moored at the Golar Tundra FSRU on the night of May 4.

The cargo left Damietta on April 27 with 170,000 cubic metres of LNG.

Minister of the Environment and Energy Security Gilberto Pichetto Fratin was present at the start of offloading. Piombino can process 5 billion cubic metres of gas, around 7% of Italian gas demand.

Eni has contracted 18 million tonnes per year of LNG by 2026. This is double that of 2022. The company said LNG had a role to play as a “reliable energy source in support of security of supply and the energy transition”.