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Reganosa to operate and maintain first LNG terminal in Sardinia

March 03/2021

MOSCOW (MRC) -- Reganosa will operate and maintain the first LNG terminal in Sardinia (Italy), whose construction in the port of Oristano, on the west of the island, is in its final phase, said Hydrocarbonprocessing.

In this way, the Spanish company will become the only in the world which manages up to three third-party LNG plants, in addition to the one it owns in Mugardos (A Coruna Spain).Higas S.r.l. has awarded Reganosa the operations and comprehensive maintenance contract of the new terminal of importation, storage, and distribution in Oristano. The facilities are expected to be operational in the first half of 2021.

The Higas terminal includes a jetty capable of receiving LNG vessel up to 20,000 cubic meters, an unloading arm, six horizontal cryogenic holding tanks (1,500 cbm each), two LNG truck loading bays, and a natural gas captive power generation system. The terminal can load in excess of 8,000 LNG trucks each year (some 180,000 tons), for subsequent distribution to smaller satellite stations across the island.

Sardinia currently lacks a system of access to natural gas and only a small number of industrial customers receive LNG by truck which is brought to the island by ferry. The Higas terminal will provide Sardinia with LNG supply that is clean, affordable and reliable. Higas provides local access to significantly cleaner fuel for cooking, heating and power generation LNG emits up to 30% less CO2 and 99% less SOx & NOx compared to traditional fuels such as Heavy Fuel oil, Diesel & Coal HIGAS directly supports decarbonizing the Italian economy.

This process underpins the international expansion process of Reganosa, initiated in 2015 with the creation of Reganosa Services to provide the knowledge and experience of the group in studies, project designs, consulting, engineering, and asset management.

Over the last four-year period, the group has provided various services in 15 countries on four continents: Brazil, Canada, Chile, Colombia, Germany, Spain, France, Malta, Ghana, Mozambique, India, Japan, Kuwait, Pakistan, and Italy. With its involvement in those territories, the group has covered all the phases of development of a project, from viability studies to commercial operation.

While growing in Spain and diversifying its business, opting for a green and digital economy, Reganosa has strengthened over the last few months its internationalization process. Shortly, it will also begin the operation and maintenance of a single plant in Sub-Saharan Africa. In accordance with that process of sustained growth and constant adaptation, Reganosa has nearly tripled its staff in the last five years. The company has also established itself as an international benchmark in the O&M of third-party energy infrastructures.

The group either already manages or will manage imminently three kinds of LNG terminals: floating, that of Tema (Ghana); onshore, those of Mugardos and Oristano; and mixed, that of Delimara (Malta). These facilities have, moreover, a wide range of storage: from 9,000 to 300,000 cubic meters. With that of Sardinia, Reganosa will also make its international debut in the segment of small-scale solutions. This has been made possible thanks to Higas, whose shareholding belongs to two Italian partners (Gas & Hit and CPL Concordia) and to Avenir LNG.

We remind that the COVID-19 outbreak has led to an unprecedented decline in demand affecting all sections of the Russian economy, which has impacted the demand for petrochemicals in the short-term. However, the pandemic triggered an increase in the demand for polymers in food packaging, and cleaning and hygiene products, according to GlobalData, a leading data and analytics company. With Russian petrochemical companies having the advantage of access to low-cost feedstock, and proximity to demand-rich Asian (primarily China) and European markets for the supply of petrochemical products, these companies appear to be well-positioned to derive full benefits from an improving market environment and global economy post-COVID-19, says GlobalData.

We also remind that in December 2020, Sibur, Gazprom Neft, and Uzbekneftegaz agreed to cooperate on potential investments in Uzbekistan including a major expansion of Uzbekneftegazs existing Shurtan Gas Chemical Complex (SGCC) and the proposed construction of a new gas chemicals facility. The signed cooperation agreement for the projects includes the creation of a gas chemical complex using methanol-to-olefins (MTO) technology, and the expansion of the production capacity of the Shurtan Gas Chemical Complex.

Ethylene and propylene are feedstocks for producing polyethylene (PE) and polypropylene (PP).

According to MRC's ScanPlast report, Russia's estimated PE consumption totalled 2,220,640 tonnes in 2020, up by 2% year on year. Only shipments of low density polyethylene (LDPE) and high density polyethylene (HDPE) increased. At the same time, polypropylene (PP) shipments to the Russian market reached 1 240,000 tonnes in 2020 (calculated using the formula: production, minus exports, plus imports, excluding producers' inventories as of 1 January, 2020). Supply of exclusively PP random copolymer increased.


mrcplast.com
Author:Anna Larionova
Tags:petroleum products, PP, PE, neftegaz, petrochemistry.
Category:General News
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