ENTSOG GRIP SNC 2014-2023

2.2.3 LNG REGASIFICATION PLANTS

The LNG plants operating in the Region offer an aggregated regasification capacity of 529.9 TWh/y (47.5 billion cubic meters / year). This value has considerably increased compared to the previous “Gas Regional Investment Plan South-North Corridor 2012 – 2021” (+12.5 billion cubic meters / year) mainly thanks to the extension of the Regional border (which introduced the significant contribution of the Belgian Zeebrugge LNG terminal) and to a lesser extent to the commissioning of the OLT LNG Terminal in Italy during the last part of 2013. Figure 2.5 shows the

growth of weight of LNG in the Region, since it now represents around a fourth (26%) of total European regasification capacity (2,058.3 TWh/year equivalent to 184.4 billion cubic meters / year). 1) The contribution from Belgium and Italy is increasing the weight of the Region in total European regasifica- tion capacity, even though it stays relatively low when compared with gas transportation or storage assets. With interconnections with others areas and new regasification capacities, access to LNG will be reinforced, bringing a flexible and inherently diversi- fied source of supply for the Region.

BE

5%

IT

8%

74

26

%

FR

13%

Rest of EU-28

Region

Figure 2.5: Regional LNG regasification plants weight com- pared to overall EU

1) Source: data processed from “GLE LNG Map” (July 2013) and referred only to EU 28

Image courtesy of Fluxys Belgium

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South-North Corridor GRIP 2014–2023