Regasification Code approved by ARERA: new auction with expression of interest

OLT Offshore LNG Toscana S.p.A publishes the Regasification Code approved by the Italian Regulatory Authority for Energy, Networks and Environment (ARERA) with Resolution 85/2020/R/gas.

The approved Regasification Code provides for the possibility to send one or more expressions of interest for annual and multi-year regasification capacity from the 2nd Gas Year until the 15th Gas Year following the one in which the allocation is carried.

OLT Offshore LNG Toscana S.p.A. informs that for this year annual and multi-year allocation process with expression of interest will have the following timeframe:

April 1st, 2020 Publication of available Continuous Capacity on OLT website;
April 14th, 2020 Each interested party may send one or more expressions of interest to OLT;
April 30th, 2020 Publication of the Continuous Capacity expressed in monthly slots/years available for allocation;
From May 27th, 2020 Auction on the PAR Platform.

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