Italian energy player Snam has disclosed that the activities related to a floating storage regasification unit (FSRU) for its Ravenna liquefied natural gas (LNG) terminal off the coast of Northern Italy are progressing according to schedule, thus, the planned date for the unit’s entry into operation is still in the first quarter of 2025.
Based on an update shared by Snam on July 12, work on the Ravenna offshore regasification plant is expected to be finished by the year’s end, while the start of operation is targeted for the first quarter of 2025.