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Edison And Q8 To Develop Small Scale LNG Coastal Storage In Naples Port

Edison and Q8 to develop small scale LNG coastal storage in Naples port

Naples, Italy (PortSEurope) October 2, 2020 – A joint project by Italy’s Edison Spa and Kuwait Petroleum Italia (Q8) for a Small Scale LNG (Liquefied Natural Gas) coastal depot in the Darsena Petroli of Naples port was presented yesterday at the Naples Shipping week The location of a coastal depot in the Darsena Petroli of the port will make LNG easily available as a fuel,
both sea and land, throughout the Central-Southern Tyrrhenian area and to the port. It should also attract vessels using LNG as a fuel, which has a reduced environmental impact compared to current diesel fuels. The Darsena Petroli extends over an area between the Nuovo Terminal di Levante and the container area of ​​the port. It is a dock area used by ships carrying petroleum products (petrol, diesel, biodiesel, jet fuel, LPG, bitumen and fuel oils). It is managed by Q8. This is in line with the European green strategy and international regulations on sustainable mobility for heavy sea and road transport. The infrastructure, without using areas intended for other in from the port, will make it possible to increase the technological standards of Darsena Petroli and increase the volume of port services, with positive repercussions for the companies in the port community and region. Edison said: “The strategic nature of the investment has recently been confirmed by the recognition of European funding for its design, thanks to CEF funds for authorization engineering. The project, exploiting the synergies deriving from the collaboration between two primary energy operators and the integration with the plants already present in Darsena Petroli, guarantees industrial solidity for the construction and future management of the infrastructure”. “ Even in a complex scenario like the one we are experiencing, Q8 maintains a long-term strategic vision, and this project is clear proof of this”, said Giuseppe Zappalà, CEO of Kuwait Petroleum Italia, “A strategy that focuses on innovation and environmental protection, in the desire to continue to play a leading role in the energy transition, also thanks to prestigious partners such as Edison. This important investment in the South testifies to the trust that our shareholders place in the Italian market and strengthens the bond of our company with the city of Naples where for years we have been a strategic reference player for energy supply, a role that with this new project can find a new impulse”. “ Edison wants to be a key player in the country’s energy transition and has identified the decarbonisation of transport as one of the fundamental axes of its strategic development plan”, commented Pierre Vergerio, Edison’s Executive Vice President Gas Midstream, Energy Management and Gas Infrastructures, “The project in the port of Naples is an integral part of this plan which provides for the creation of the country’s first LNG logistics chain to make heavy, sea and road transport sustainable. We are already building the first coastal LNG depot in the port of Ravenna with PIR (Petrolifera Italo Rumena) and we aim to build a second one in Naples in partnership with Kuwait Petroleum Italia which is a partner with proven experience in the area and with complementary skills. to ours”. Edison is a leading Italian operator in the energy sector and the only long-term importer of LNG in Italy and manages a large and diversified LNG portfolio. Q8 is one of the main Italian players in the energy sector that guarantees the mobility of people and goods. It is active, also through subsidiaries and investee companies, in the entire integrated cycle of downstream from refining to the final consumer. Copyright (C) PortSEurope. All Rights Reserved. 2020.

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