30 January 19

ITALY’s LNG sector boosted by new partnership

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Fincantieri has signed an LNG-focused agreement to develop port facilities and maritime transport systems based on new technologies. Credit: Fincantieri


A new LNG-focused collaboration agreement will facilitate the advancement of port facilities in Italy and maritime transport systems based on new technologies.

The agreement, by Italian shipbuilder Fincantieri, investment bank CDP and gas utility Snam, will include identifying, defining and implementing medium-term strategic projects to build infrastructure for the supply, transformation and use of liquefied natural gas (LNG) and alternative energy sources in maritime transport within port facilities or coastal areas.

Snam CEO, Marco Alverà, commented: “With this agreement, thanks to the support of CDP, we join forces with Fincantieri to contribute to reducing energy costs and increasing the environmental sustainability of the Italian maritime sector and our cities.

“LNG and bio-LNG represent the future of sustainable mobility, particularly for the heavy and maritime transport sectors. As such, Snam will share its expansive knowledge and expertise in these areas with the Italian port system.”


Technologies development

The partnership also aims to research, develop and implement maritime transport systems based on new technologies including turbines for LNG modules and containment and management of liquid and gaseous methane systems, plus innovative energy sources, such as LNG, hydrogen and fuel cells.

Fincantieri CEO, Giuseppe Bono, declared: “Environmental sustainability is fast becoming a significant megatrend. This agreement will allow us to enhance our wealth of experience and expertise in such a rapidly growing area.”

As part of the agreement, Fincantieri and Snam will share their technical skills by launching dedicated workshops, with financial support from CDP.


Source: Greenport