The Regasification and Storage Bundled service

Pursuant to a specific decree of the Italian Ministry of Economic Development and to a defined provision of the ARERA (Italian Regulatory Authority for Energy, Networks and Environment) – both issued every year – OLT, along with other Italian terminals, will offer capacities for a regasification and storage bundled service.

The service is part of the “National Energy Strategy” for the Italian Gas Supply System and it provides that a quantity of gas equivalent to the LNG delivered, less consumption and losses, is made available by the major storage company STOGIT to the User by the end of the month following the discharge.

The LNG terminals and Stogit will coordinate the physical management of gas flows from the LNG carrier to the storage sites.