Liquefied Natural Gas (LNG) regasification
GNL Italia plays a key role in ensuring adequate diversification and flexibility of supplies to the gas system
17,500 m3
Maximum daily LNG
regasification capacity at Panigaglia
2.52 billion m3
LNG regasified in 2020 at Panigaglia
(+5.0% with respect to 2019)
60
Methane tankers
unloaded
(57 in 2019; +5.3%)
The Panigaglia plant, built in 1971 and owned by GNL Italia, is able to regasify 17,500 m3 of LNG every day; under conditions of maximum efficiency, it can supply more than 3.5 billion cubic metres of natural gas into the transportation network every year.
The total amount of gas regasified at the Panigaglia plant in 2020 was 2.52 billion m3 (2.40 billion m3 in 2019; +5%).
The continued increase in volumes of activities compared with 2018 (0.91 billion m3 in 2018, more than doubled in 2020) is mainly due to the greater competitiveness of the cost of LNG compared with natural gas, as well as the new regasification capacity allocation mechanisms through dedicated auctions.
In 2020, 60 methane tankers were unloaded (+3 with respect to 2019; +5.3%; +39 unloaded with respect to 2018).
Methane ship trends
The capacity allocation mechanisms based on auctions as well as the new businesses in the SSLNG sector, linked specifically to the possible future uses in heavy transportation and maritime transport, will lead to a scenario of further growth in the consumption of LNG in future years.
The regasification service can be continuous for the entire thermal year or the spot type. Moreover, from October 2018 the regasification capacity was awarded through dedicated auctions. Lastly, the regasification service includes the ancillary service, which consists of correcting the heating power of the natural gas to comply with quality requirements for its injection into the transportation network (correction of the Wobbe index).
During the course of 2020, GNL Italia provided regasification services to 5 active customers (6 customers in 2019).
| Download XLS (13 kB) |
(million euros) |
2018 |
2019 |
2020 |
Change |
% change |
||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Total revenues (a) |
24 |
32 |
31 |
(1) |
(3.1) |
||||||||
Total revenues net of pass-through items (a) |
21 |
22 |
23 |
1 |
4.5 |
||||||||
- of which regulated revenues (a) |
17 |
17 |
21 |
4 |
23.5 |
||||||||
Operating costs (a) |
17 |
26 |
24 |
(2) |
(7.7) |
||||||||
Operating costs net of pass-through items (a) |
14 |
16 |
16 |
|
|
||||||||
EBIT |
2 |
1 |
|
(1) |
(100.0) |
||||||||
Technical investments (b) |
9 |
19 |
20 |
1 |
5.3 |
||||||||
Net invested capital at 31 December |
86 |
95 |
104 |
9 |
9.5 |
||||||||
Volumes of LNG regasified (billion cubic metres) (c) (d) |
0.91 |
2.40 |
2.52 |
0.12 |
5.0 |
||||||||
Tanker loads (number) |
21 |
57 |
60 |
3 |
5.3 |
||||||||
Employees in service at 31 December (number) |
64 |
65 |
67 |
2 |
3.1 |
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|
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