SNAM acquires share in OLT LNG terminal

September 20, 2019

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Snam and the Iren Group have signed an agreement related to Snam’s acquisition of 49.07% stake in OLT (Offshore LNG Toscana). The company manages the offshore regasification terminal located about 22 km off the Tuscan coast between Livorno and Pisa. With a maximum annual regasification capacity of 3.75 BCM, OLT is the second largest LNG terminal in Italy.

Edited from SNAM press release.