VENICE LNG OBTAINS THE AUTHORIZATION DECREE FOR THE CONSTRUCTION AND OPERATION OF THE LNG STORAGE TERMINAL.
In late December 2020, The Ministry of Economic Development and the Ministry of Infrastructures and Transport, in agreement with Veneto Region, issued the Authorization Decree for the construction and operation of the LNG storage terminal in Porto Marghera. The authorization includes all the opinions expressed by the Authorities involved in the authorization procedure and incorporates the requirements to be fulfilled by Venice LNG before and during the construction and operation of the coastal storage facility. The project is promoted and supported by the North Adriatic Sea Port Authority and co-financed by the European Commission under the CEF (Connecting Europe Facility) initiative through the “Gainn4SEA” and “Venice LNG Facility” projects, for a total of 18.5 million euros.
In 2017, the 100th year since the foundation of Porto Marghera was celebrated: it’s a story full of remarkable pages, written by great industries and visionary entrepreneurs, who have managed to turn this corner of the Venetian Laguna into one of the most important industrial districts in whole Europe. Today’s challenge is to build together the future of Porto Marghera, by implementing investment programs capable of ensuring development and work for the next hundred years through industrial relaunch and adoption of the best practices of environmental sustainability.
LNG is central for the new energy strategy for low environmental impact fuelling of ships and trucks elaborated by the European Commission. A specific Directive (DAFI) imposes the creation in any EU Country of an LNG supply system in ports and the main transport routes: this network must be completed by the end of 2025, to allow the dissemination of low environmental impact ships and trucks.
LNG is methane which is liquefied through a -160°C cooling process. LNG is not derived from oil. These characteristics may make LNG of capital importance for Porto Marghera’s future: it is the alternative and clean fuel for trucks and ships which can dramatically reduce the emission of pollutants if compared to other fuels. Compared to fuel oil and marine diesel, in fact, LNG almost eliminates the emission of particulate matter (-90% PM10) and sulphur compounds, such as sulphur dioxide, a harmful gas for people’s health and environment.
Venice LNG is a new company born at the end of 2017 and aimed at creating the “supply point” in Porto Marghera (i.e. an LNG storage facility for storage and handling), investing on the most important fuel alternative to oil and its derivates, and that will be the cleanest and most reliable energy source in the next decades. Venice LNG benefits of the experience and the know-how of its sole shareholder Decal Spa, a company that has been operating for more than 50 years in Porto Marghera in the storage of oil-derivates, chemical and petrochemical products, as well as biofuels and vegetal oil.
Small-size (max 30,000 m3) vessels, through Venice’s South Industrial Canal
Maximum storage capacity of 32,000 m3 Expected handled volume in the first phase: 150,000 m3/year Maximum nominal throughput: 900,000 m3/year
LNG-fuelled trucks and ISO Tanks LNG barge for the bunkering of ships
The storage facility will be located East of Decal Spa’s current oil storage facility, in a brownfield – which is an already cleaned-up site outside of protected areas.
The storage facility’s visual impact will be minimal. The LNG tank, with a 32-meters height, will be fully aligned with the average of the terminals located in the district. Once the authorizations will be obtained, the construction will be completed in two years thanks to a hundred, highly specialized employees. Environmental sustainability is verified by the Ministry of Environment through the EIA (Environmental Impact Assessment) procedure.
LNG carriers will replace the ships that today transport oil products. A maximum of 50 carriers per year is expected, i.e. an average of one ship per week. Trucks that today transport oil products will be replaced by LNG-fuelled trucks, and they will transport LNG. As a result, the whole handling process will be environmentally friendly.
LNG doesn’t melt in water: it evaporates without blending nor leaving any waste. Therefore, it cannot pollute the sea or the ground water, nor damage fauna and aquatic flora. Both barges and carriers will be fuelled with LNG in the future: the lagoon will be therefore less exposed to particulate matter and to the danger of marine diesel and high concentrated sulphur-oil fuel spillages.
Technology deployed for the realization and management of the facility is one of the safest and time-proven in the world. The full containment atmospheric pressure tank will be provided with a special steel primary shell, protected by a reinforced concrete external shell. This double structure will ensure complete isolation from both internal and external stress.
Control institutions assessed without uncertainty the project’s compliance to all safety criteria that are imposed by national and international law through a careful authorization procedure. Once the construction is completed, the site will be monitored with a meticulous control procedure, with supervision of Ministry of Interior, to grant the highest safety of the terminal.
The feasibility study and the results of the preliminary analysis of the effects in case of accident confirmed the full compatibility with the territory and surrounding areas, excluding the eventuality of a “domino effect”. Nonetheless, the realization of the facility will be subject to the assessment of the territorial safety by control institutions.
Venice LNG shared the opportunity and the starting phases of the project with the communities of Marghera and Malcontenta. This dialogue will continue during the realization and activity phases
In late December 2020, The Ministry of Economic Development and the Ministry of Infrastructures and Transport, in agreement with Veneto Region, issued the Authorization Decree for the construction and operation of the storage terminal. The authorization includes all the opinions expressed by the Authorities involved in the authorization procedure and incorporates the requirements to be fulfilled by Venice LNG before and during the construction and operation of the coastal storage facility. The project is promoted and supported by the North Adriatic Sea Port Authority and co-financed by the European Commission under the CEF (Connecting Europe Facility) initiative through the “Gainn4SEA” and “Venice LNG Facility” projects, for a total of 18.5 million euros.
emission of particulate matter reduced up to 90% compared to oil fuel or marine diesel
sulphur compounds emissions, such as sulphure dioxide, will be almost eliminated
total investment on the project
Maximum storage capacity of the facility
average traffic prospected
employees for the construction of the facility
duration of the construction phase
Venice LNG S.p.a.
Registered Office: Via della Geologia, 11 – 30176 Venezia Porto Marghera (VE) – Italy
Administrative Offices: Via Triboldi Pietro, 4 – 26015 Soresina (CR)
P.O. Box No. 6 Soresina
Share Capital 1.500.000,00 Euros – VAT 04452700273
The coastal LNG storage in Porto Marghera is co-financed by the European Union's Connecting Europe Facility The sole responsibility of this publication lies with the author. The European Union is not responsible for any use that may be made of the information contained therein