Higas gets Oristano-based LNG hub's first customer
A supply agreement was sealed with Ottana Energia, which aims at converting Nuoro power plant into a LNG facility
The new LNG installation, currently being built by Higas in Oristano port, has formally found its first customer: Ottana Energia is a company running a power plant in namesake location (nearby Nuoro), which is currently powered by palm oil and other fuels, to be shortly converted into a natural gas facility.
Higas will be the new LNG supplier of the upcoming plant, in fact, as reported by the company, 66.25% controlled by Norwegian Stolt Nielsen shipowning group and equally participated by Leghorn-based Gas and Heat and CPL Concordia, “Ottana sealed a long-term agreement to be receiving LNG from Oristano terminal, to be launched by mid 2019”.
“The agreement – continues the company's statement – is a first step toward the conversion of all Ottana's installations as well as a notable goal achieved by Higas which targets bringing LNG to Sardinia”.
The new structure, reaching 9,000 cubic metres capacity, was granted all required authorizations and construction has recently started.
Furthermore, last year, majority shareholder Stolt Nielsen commissioned Keppel of Singapore two 7,500 cubic metres gas tankers, one of which will be serving Oristano LNG terminal.