Kvaerner to supply Adriatic LNG terminals

Aker Kvaerner has today been awarded $21 million to perform front-end engineering design work for a liquefied natural gas receiving terminal in the North Adriatic Sea.

Aker Kvaerner has today been awarded a contract to perform front-end engineering design (FEED) work for a liquefied natural gas (LNG) receiving terminal in the North Adriatic Sea. The FEED contract is worth around $21 million.

‘When approved, this will be the first offshore concrete LNG terminal in the world,’ said Simen Lieungh, Aker Kvaerner’s executive vice president.

According to Aker Kvaerner, the terminal will be located 17 kilometres offshore in waters 29 metres deep. The terminal will receive LNG shipped mainly from Qatar, regassify the LNG, and feed the gas through a pipeline to the Italian gas distribution network.

The terminal will have a storage capacity of 250,000 cubic metres in tanks in the concrete substructure, and it will regassify approximately six million metric tons of LNG per year.

‘We have designed and built concrete gravity base structures for rough North Sea waters for three decades in Norway, and our Houston organisation has broad experience in the design of LNG regassification plants,’ added Lieungh. ‘On the Adriatic LNG Terminal we will combine these skills in a completely new application. This is truly an exciting opportunity for us.’

Partners in the Adriatic LNG Terminal project include ExxonMobil and Qatar Petroleum, each with a 45 per cent interest, and Italian energy company, Edison, which owns the remaining 10 percent.