FSRU Toscana terminal will operate until 2044, OLT Offshore says

March 18, 2025

OLT Offshore LNG Toscana has announced that FSRU Toscana will be in operation until the end of 2044, as a result of the extension of the useful life of the Terminal.

Life extension of the terminal

In 2024, while the Terminal was in the shipyard to carry out the extraordinary maintenance intervention, OLT also carried out a set of works aimed at extending the useful life of FSRU Toscana, after which 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.

Available capacity

The capacity published by OLT is available for the annual and multi-year allocation process from Gas Year 2027/2028 to Gas Year 2044/2045. For the current Gas Year, and until Gas Year 2026/2027, the capacity has already been fully allocated.

The Continuous Capacity, offered in slots of 165,000 liqm³, is equal to:

  • 29 slots in Gas Years 2027/2028 and 2028/2029;
  • 31 slots from Gas Year 2029/2030 to Gas Year 2043/2044;
  • 7 slots in Gas Year 2044/2045.

OLT also informs that users to whom capacity has already been allocated in Gas Years 2032/2033 and 2033/2034 can request, by 2026, the allocation of capacity in the following Gas Years for the same number of slots at the same allocation price.

OLT Offshore LNG Toscana, a company controlled by Snam and Igneo Infrastructure Partners, owns and manages the floating regasification Terminal "FSRU Toscana.” The Terminal, moored about 22 km off the coast between Livorno and Pisa, is connected to the national grid through a 36.5-km-long pipeline, operated and managed by Snam, of which: about 29.5 km at sea, 5 km in the floodway and the remaining 2 km on dry land. FSRU Toscana has a maximum authorized regasification capacity of 5 billion Sm3 a year.

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